Bubblemaps Denies WLFI Connection in Maduro Polymarket Bet

Blockchain analytics firm Bubblemaps rejected allegations linking a high-profile Polymarket trade on Venezuela’s leadership to a World Liberty Financial cofounder.

By Julia Sakovich Published: Updated:

Bubblemaps has rejected claims that a Polymarket trader who profited from a bet on Venezuelan President Nicolás Maduro’s removal was linked to a cofounder of World Liberty Financial. The firm said the on-chain analysis circulating on social media relies on weak assumptions around transaction timing and deposit size.

The controversy centers on wallets that placed large winning bets shortly before reports emerged of Maduro’s capture. Critics pointed to similarities between exchange deposits and other wallets allegedly associated with World Liberty Financial. Bubblemaps countered that such patterns are common and insufficient to establish coordination or ownership, particularly when exchange aggregation and asset consolidation are involved.

According to the firm, applying the same criteria used in the viral claims produced numerous unrelated wallet matches. Bubblemaps said no on-chain evidence currently supports a direct connection between the Polymarket trader, WLFI, or its founders, urging caution around politically charged interpretations of blockchain data.

DeFi & FinTech, Markets & Trading, News