Polymarket Traders Net $1M on US-Iran Strike, Spark Insider Trading Concerns
Polymarket Traders Net $1M on US-Iran Strike, Spark Insider Trading Concerns
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A report indicates that six Polymarket traders collectively earned $1 million by placing bets on the exact timing of a US strike against Iran. These bets were made just hours before the initial explosions were reported in Tehran, raising fears of potential insider trading activity on the prediction market platform.
The newly created Polymarket wallets placed bets on the timing of a US strike against Iran, buying shares hours before the first explosions were reported in Tehran.