Trump-Linked War Bets Spark Insider-Trading Questions Over Polymarket and Kalshi

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Source: The Daily Beast
Trump-Linked War Bets Spark Insider-Trading Questions Over Polymarket and Kalshi
Photo: The Daily Beast
TL;DR Summary

A Bubblemaps analysis finds nine anonymous Polymarket accounts earned over $2.4 million across more than 80 bets tied to U.S. military actions and Trump-era decisions (including Maduro’s capture and Iran timing), with a 98% win rate—sparking concerns about insider trading on prediction markets and prompting a White House warning that using nonpublic information for financial gain is illegal; Polymarket says it flags suspicious activity and cooperates with investigations, while Trump Jr. is an investor through 1789 Capital, underscoring the politics-tech crossover.

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