US EditionSix Polymarket Accounts Earn $1.2 Million Betting on U.S. Strike on Iran Amid Insider Trading Scrutiny
Six newly created Polymarket accounts earned about $1.2 million betting on a U.S. strike on Iran just minutes before the attack, raising insider trading concerns.
- Six Polymarket accounts earned roughly $1.2 million after correctly betting that the U.S. would strike Iran, and the Feb. 28 contract drew around $90 million in volume.
- Bubblemaps found most wallets were funded within the last 24 hours, and all six profiles were created in February with clustered funding paths and no other activity on Polymarket.
- One Polymarket account that bought 560,000+ shares at about 10.8 cents paid out near $560,000, another bought nearly 150,000 shares at 20 cents, and the $26,513 wager won more than $174,000.
49 Articles
49 Articles
Polymarket Bettors Made Huge Profits From Suspiciously Timed Wagers on Trump's Iran War
Republished with permission from Common Dreams, by Jake Johnson Bettors on the prediction platform Polymarket made a killing with suspiciously timed wagers that the United States would attack Iran by February 28, the day President Donald Trump announced a bombing campaign against the Middle East nation. Bloomberg reported that six accounts on Polymarket, all newly created this month, “made around $1 million in profit” by betting on the timing of…
Posts on the day of the attacks moved US$ 529 million and some raised suspicions, with recently created papers that acquired a large volume of cheap contracts by preventing the surprise attack
Punters win millions after placing bets on US strikes on Iran
A group of gamblers who won up to $3 million after betting on the deadly strikes on Iran have raised questions about whether they had access to knowledge about the attack before it happened.Several bets were placed on American crypto-based trading platform Polymarket on Saturday predicting the US and Israel would carry out military action on Iran later that day.Many of these accounts were created as recently as last month, with some of their bet…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
