Insider-linked bettors dominate $8M in Polymarket military bets
TL;DR
A study of Polymarket bettors finds roughly 150 accounts (the 'orcas') earned about $8 million from military and defense bets, with a 97.2% win rate on longshots; researchers suspect insider links to the accounts and warn that such bets publicly broadcast confidential information on a blockchain, urging stricter identity verification and monitoring.
- Gamblers have made $8 million on Polymarket betting on military operations Task & Purpose
- Soldier charged over Polymarket trades seeks dismissal ABC News - Breaking News, Latest News and Videos
- Polymarket referred dozens of possible military insider trading cases to DOJ, source says CNN
- 'Orcas' with likely inside info win big on Trump Jr.-funded Polymarket Responsible Statecraft
- EXCLUSIVE: More than 150 Polymarket wallets may have traded on military secrets, research finds Reuters
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