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Israel indicts reservist, civilian over betting on military operations
An Israeli civilian and IDF reservist were indicted for using classified military intelligence to place bets on Polymarket, winning roughly $150,000, authorities said.
- On Thursday, the Tel Aviv District Court unsealed an indictment charging an Israeli citizen and an Israel Defense Forces reservist with allegedly using classified military information to place bets on Polymarket.
- Authorities began investigating after suspicions that a defense insider used classified information on Polymarket, with bets placed in June 2025, as reported in late January by Kan 11.
- The military said no operational damage resulted but described it as a severe ethical failure; Polymarket, founded in 2020, hosts markets including one expiring March 2026 with over $1.4 million and a $239 million US strike market.
- A joint Shin Bet internal security service, Malmab security unit and Israel Police operation recently arrested suspects, and the State Attorney's Office filed charges while the accused remain in custody.
- Analysts warn prediction markets are vulnerable to insider misuse, with Polymarket facing US regulatory scrutiny and the CFTC fining it for operating improperly.
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Israelis indicted on charges of gambling using classified information
The betting website is a U.S. cryptocurrency-based prediction market launched in 2020 that allows people to place bets on a wide range of future events. By JNS An Israel Defense Forces reservist along with an Israeli civilian was indicted on Thursday on charges of placing bets on the Polymarket gambling website based on classified military information, according to a joint statement released on Thursday by the Israel Security Agency (Shin Bet), …
·Israel
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Coverage Details
Total News Sources48
Leaning Left16Leaning Right6Center13Last UpdatedBias Distribution46% Left
Bias Distribution
- 46% of the sources lean Left
46% Left
L 46%
C 37%
R 17%
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