Unraveling the Mystery: Profiting from Hamas Attacks on Israel

Two New York law professors, including a former SEC commissioner, have claimed that bets were made against Israeli stocks in October and profited after Hamas attacked Israel. However, the allegations have not been peer-reviewed and lack hard evidence to definitively prove the theory. Israel's stock exchange has rejected the claims, stating there was no unusual trading activity before the attacks. The authors of the paper acknowledge the limitations of their research, and experts suggest that the trades could have been part of a larger hedging strategy rather than a deliberate attempt to profit from the attacks. Similar theories arose after the 9/11 attacks, but the SEC found no evidence to support them.