Look what Haaretz is reporting:
Haaretz reports about massive short-selling of Israeli shares in the days before October 7, indicating that “somebody seemingly knew [of the attack] in advance and made billions betting against Israeli shares traded locally and on Wall Street”
Here’s the Haaretz headline:
Did Hamas Make Millions Betting Against Israeli Shares Before October 7 Massacre?
Giant gambles against Israel on the markets in Tel Aviv and Wall Street days before Hamas’ attack made billions. Somebody seems to have known about the plan in advance
Hamas’ attack on Israel on October 7 caught the Israeli army unprepared. But somebody seemingly knew in advance and made billions betting against Israeli shares traded locally and on Wall Street five days before the attack.
So, as they say, the IOF may have been caught unprepared, but somebody was prepared. Who? Hamas?
10% for the Big Guy
Original paper article is based on:
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4652027
And a non paywall good explanation from the Economist:
https://www.aol.com/did-hamas-millions-trading-october-154411816.html
There were lots of warnings of the attacks, but it seems due to hubris at a minimum, they were ignored.
It may have only been one trader.