The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to… The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

2025/09/18 04:02

United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks.

According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months.

Receive Signals on US Congress Members’ Stock Trades

Stocks

Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions.


Enable signal

The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period.

OPEN one-week stock price chart. Source: Finbold

Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively.

OPEN’s stock rally

Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit. 

Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter.

Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher. 

However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to housing inventory is substantial. Analysts caution that sentiment, not fundamentals, is driving the rally, leaving the stock vulnerable to sharp reversals.

For Representative Fields, the timing was nearly perfect. He bought shares just before the announcements that sparked the rally and before retail investors drove the stock higher. There is no public evidence that he had access to non-public information, but the coincidence raises questions.

Featured image via Shutterstock

Source: https://finbold.com/this-u-s-politicians-suspicious-stock-trade-just-returned-over-200-in-weeks/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The truth behind Yala's decoupling: From illegal collateralization to liquidity extraction, a meticulously planned escape.

The truth behind Yala's decoupling: From illegal collateralization to liquidity extraction, a meticulously planned escape.

According to the announcement, the hackers stole 7.64 million USDC, the team injected 5.5 million USD of their own funds, and obtained additional liquidity through the Euler platform. Based on this calculation, the additional liquidity obtained through Euler amounted to approximately 2.14 million USD. Here's the first point of contention: YU is minted by staking YBTC. Obtaining $2.14 million through Euler means that the protocol staked more than $2.14 million of YU in Euler, which is backed by at least $3 million of BTC as collateral. If the $3 million worth of BTC belonged to the YALA team, why not simply exchange the BTC for USDT instead of paying a high interest rate to borrow from Euler? I can think of two possibilities: ① YALA's YU used as collateral for Euler does not have sufficient YBTC. ② The BTC corresponding to this portion of YBTC is not actually controlled by YALA (for example, through some kind of side agreement). The announcement also mentioned that some assets had been converted into Ethereum before trading resumed, but the subsequent price drop, coupled with the funds invested by the attackers, reduced the actual value of the restored assets. Herein lies the second point of contention: Based on an ETH price of 3000 USDT, the recoverable portion of the stolen funds is approximately $4.9 million. This means that recovered funds plus the project's own $5.5 million would exceed the $7.64 million shortfall. Given this situation, why couldn't the project team obtain the remaining $2.14 million in funding or a bridge loan through other means? After all, the project team has the ability to repay after the funds are recovered. I can think of three possibilities: ① The project team has no plans to resume operations, and any recovered funds will be used to repay their own capital first. ② The project's creditworthiness has been insufficient to secure additional funding, or other losses far exceed $2.14 million. Further investigation of YBTC data reveals that 99% of YBTC is controlled by three addresses, which also means that 99% of YU is controlled by these four addresses. Let's tentatively name them Address A through Address C. Next, we will analyze the behavior of each address one by one: Address A: Founded 39.35 million YU, repaid 17 million YU, net debt approximately 22 million YU, address balance 2.4 million YU. Address B: Minted 43.57 million YU, repaid 10 million YU, net debt 33.57 million YU, address balance 2.77 million YU. Most of the YU from Address B (approximately 30.15 million) flowed into contract 0x9593807414, which is Yala's Stability Pool. The current total deposits shown in the Stability Pool are 32.8 million YU. This means that Address B is also perfectly normal. Address C: A total of 32.5 million YU has been minted, 33.3 million YU has been repaid, and YBTC has been destroyed and BTC retrieved. All transactions are normal. Clearly, the problem lies with address A, so let's investigate further. Address A's transactions are highly complex, but overall, it net minted 28 million YU and obtained additional YU through other addresses. The vast majority of this YU has already flowed into various protocols. From Dabank, we can see other more interesting data: this address pledged a large amount of YU and PT, borrowing a total of $4.93 million in USDT and USDC from Euler. Clearly, these three loans were effectively defaulted on after YU fell to $0.15. This address used a small amount of U to purchase YALA 12 days ago, and also made a partial repayment to Euler. Given that the team mentioned "injecting $5.5 million" and obtaining additional liquidity through the Euler platform, this address is very likely the team's operating address, and we now know that the team obtained approximately $4.9 million in liquidity from Euler. This is a dividing line. The above is objective data and facts. What follows is my speculation and may not be accurate. (1) YALA obtained approximately 500 illegal YBTC through some means (meaning that YALA had no substantial control over the corresponding 500 BTC) and used these 500 YBTC to mint 28 million YU (which we will call illegal YU for now). These illicit funds may have been used for other purposes in the past, such as obtaining airdrops, providing DEX liquidity, or depositing into Pendle, but that's not important. I think the reason why 500 YBTC is illegal is simple: if you have $50 million of BTC at your disposal, you wouldn't take out a high-interest loan for a $7.64 million funding need. (2) After the hackers stole 7.64 million USDC, YALA used some of the illicit YU to obtain a loan of about 4.9 million USD from Euler, while also providing some of its own funds in an attempt to get the agreement back on track. One problem here is that the $5.5 million in equity funds claimed in the agreement plus the $4.9 million in illicit loans totals more than $7.64 million in funding shortfall. There are also many potential possibilities, such as the $5.5 million figure being exaggerated or a portion of the Euler loan being returned to the provider of the $5.5 million. (3) After the hacker was arrested, due to some factors, the recoverable funds were far less than US$7.64 million, such as the previously mentioned US$4.9 million (considering the disposal process, the actual recoverable funds were even lower). In this case, the YALA protocol would still bear a loss of more than US$2.7 million. In this situation, address A chose to default, shifting the losses to Euler, but at the cost of the YALA protocol going bankrupt and ceasing operations. (4) Who is the instigator? As mentioned before, more than 99% of YALA and YU are held by three addresses (plus one bfBTC depositor). Addresses B and C do not have any net inflow or outflow of YU and are not involved in the whole thing. BTC depositors will not suffer any losses; they simply need to repay YU and retrieve their BTC. The losers are holders of YU and its derivative assets, as well as Euler depositors. This money flowed to address A, ultimately benefiting the YALA team. They shifted the losses onto the users, and even profited if the team embezzled the $4.9 million from the judicial proceedings. Of course, all of this is based on the assumption that address A belongs to the YALA Team.
Share
PANews2025/11/19 12:00