Insider-linked bettors dominate $8M in Polymarket military bets

1 min read
Source: Task & Purpose
Insider-linked bettors dominate $8M in Polymarket military bets
Photo: Task & Purpose
TL;DR Summary

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.

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