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60 Minutes

06/28/2026: Betting on War, The Looting of Cambodia

60 Minutes

CBS News

Tv & Film, Society & Culture

3.82.6K Ratings

🗓️ 28 June 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

 In April, a U.S. Army Special Forces soldier was indicted for using classified intelligence to make bets online. It comes as online prediction markets have exploded in popularity. The war in Iran and capture of Venezuelan President Nicolas Maduro have revealed suspiciously-timed bets on when an attack might happen, even the fate of world leaders. Correspondent Jon Wertheim reports on the phenomenon of betting on war and the creation of a whole new category of insider trading. Andy Bast and Jessica Kegu are the producers.   

A year-long investigation by 60 MINUTES examines what might be the greatest art heist in history: the theft of thousands of sacred stone, bronze and gold artifacts from religious sites across Cambodia. Correspondent Anderson Cooper reports on Douglas Latchford, the British dealer who masterminded the looting amidst genocide, civil war and political turmoil and sold to the world’s wealthiest collectors and most prestigious museums. The Cambodian government has spent more than a decade tracking it all down and wants their history and heritage brought home. This is a double-length segment. Michael H. Gavshon and Nadim Roberts are the producers.

Transcript

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0:00.0

As long as there have been wars, there have been war profiteers, but never quite like this.

0:15.0

Tonight, new evidence that betters, including a U.S. soldier, may have profited by using inside information

0:21.7

to wager on when and how military operations will unfold. A soldier using classified intelligence

0:29.7

to trade. Unprecedented. There is nothing to compare that to. This is a new kind of insider

0:35.8

trading. For a year, 60 Minutes investigated the theft of Cambodia's cultural heritage,

0:44.3

thousands of sacred stone, bronze, and gold artifacts from religious sites across the country,

0:50.3

leaving empty pedestals where gods and deities once stood.

0:55.0

We found some of them on display at the Metropolitan Museum of Art.

0:59.0

How did these looted treasures get here, and will they ever be returned?

1:04.0

We are on the verge of returning a number of them.

1:07.0

All of them?

1:09.0

That I can't say. I'm Bill Whitaker. I'm John Wertheim. I'm Anderson Cooper.

1:17.2

I'm Leslie Stahl. Those stories tonight on 60 Minutes.

1:35.9

The War with Iran and the U.S. military operation to capture Venezuelan President Nicholas Maduro have carried the usual hallmarks of conflict. Soldiers, strategy, casualties, cost. But they've also

1:42.8

been accompanied by a new feature, betting on war.

1:46.6

This year alone, more than a billion dollars has been staked online on military decisions and

1:51.5

outcomes. As if they were wagering on football games or Oscar winners, betters all over the globe

1:57.1

have taken positions, some suspiciously timed and with information seemingly too specific

2:02.3

for a civilian outsider, on when and how an attack might happen, even the fate of world leaders.

2:08.5

As we reported in May, it's created a whole new category of insider trading.

2:13.5

As long as there have been wars, there have been war profiteers, but never quite like this.

2:20.7

Cloaked in night shrouded in secrecy, U.S. Special Operations Forces captured Venezuelan President Nicholas Maduro on January 3rd.

...

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