"Israeli authorities charged two suspects with security offences, alleging they used classified information to bet on military operations on Polymarket, raising concerns about insider trading."
"Reports indicate a cluster of jointly funded Polymarket accounts profiting from bets on military strikes involving Iran and Israel, generating profits of about $156,000."
"Court documents allege that Omer Ziv, a suspect, has worked in the online gambling industry for eight years and has been linked to suspicious betting activities."
"Suspicious accounts on prediction markets have reportedly racked up millions in profits, particularly around the Iran war, prompting investigations into insider trading."
Users of Polymarket have raised concerns about insider trading related to military operations, particularly regarding bets on war outcomes. Israeli authorities charged two individuals for using classified information to place bets on military strikes. Reports indicate suspicious accounts profiting significantly from these bets, especially around the Iran war. Court documents reveal one suspect, Omer Ziv, has a background in online gambling and has been linked to the betting activities through social media and blockchain data.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]