Apr. 4 at 3:20 PM
$AAPL $CCL $AAL Skybridge Capital co-founder and former White House Communications Director Anthony Scaramucci alleged Friday that President Donald Trump‘s administration orchestrated a massive insider trading scheme tied to geopolitical announcements that yielded up to
$400 million in illicit profits.
The
$400 Million Strike Moratorium
In a recent video statement on X, Scaramucci detailed highly suspicious trading activity occurring just one hour before Trump announced a five-day moratorium on Iran strikes.
According to Scaramucci, insiders purchased
$1.5 billion in notional S&P E-mini futures contracts. This was about four to six times the normal market volume. This took place alongside a simultaneous purchase of
$192 million in crude oil futures.