Did Hamas make millions of dollars from “October 7” bets?

newspaper considered that the movement may have benefited financially from the matter.

A study published in the United States concluded that Hamas may have tried to benefit financially from its attack on Israel, by employing prior knowledge of the attack in advance to conduct major short-selling operations in stocks prior to the outbreak of the attack.

The study was published in the journal "SSRN" It was prepared by researchers at New York University and Columbia University and found that investors who had prior knowledge of the attack made billions of dollars, as their financial behavior shows.

Immediately after the news spread, the Israeli authorities opened an investigation into the matter, according to what the agency reported "Reuters"Monday.

In response to a question about this matter, the Israeli Securities Authority said: "The matter is known to the Authority and is subject to investigation by all concerned parties".

The researchers stated in their study that they documented a significant increase in short selling operations in dozens of companies traded on the Tel Aviv Stock Exchange.

This increase was very large and suddenly on the second of last October, that is, 5 days before the attack.

According to the researchers, short-selling operations were greater than those that occurred in many crises, such as the recession that followed the financial crisis, the 2014 war, and the Corona pandemic crisis.

Short selling is a common selling method in the stock market that depends on investors’ expectation that the price of shares will fall, and it is seen as a strategy that generates profit, by selling shares at a high price and then buying them back at a cheaper price.

“>

Haaretz wondered whether the Hamas movement was behind this and made huge sums of money as a result of these financial bets.

She added that major betting operations took place against Israel in the Tel Aviv and Wall Street financial markets, days before the October 7 attack.

She confirmed that these bets generated billions of dollars.

She pointed out that some people seemed to know in advance about Hamas’ plan to attack, which plunged the financial markets.

The newspaper considered that the movement may have benefited financially from the matter.

A study published in the United States concluded that Hamas may have tried to benefit financially from its attack on Israel, by employing prior knowledge of the attack in advance to conduct major short-selling operations in stocks prior to the outbreak of the attack.

The study, which was published in the journal “SSRN” and prepared by two researchers at New York University and Columbia University, found that investors who had prior knowledge of the attack made billions of dollars, according to their financial behavior.

Immediately after the news spread, the Israeli authorities opened an investigation into the matter, according to what Reuters reported on Monday.

In response to a question about this matter, the Israeli Securities Authority said, “The matter is known to the authority and is subject to investigation by all parties concerned.”

The researchers stated in their study that they documented a significant increase in short selling operations in dozens of companies traded on the Tel Aviv Stock Exchange.

This increase was very large and suddenly on the second of last October, that is, 5 days before the attack.

According to the researchers, short-selling operations were greater than those that occurred in many crises, such as the recession that followed the financial crisis, the 2014 war, and the Corona pandemic crisis.

Short selling is a common selling method in the stock market that depends on investors’ expectation that the price of shares will fall, and it is seen as a strategy that generates profit, by selling shares at a high price and then buying them back at a cheaper price.

#Hamas #millions #dollars #October #bets
2023-12-04 18:39:58

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.