Polymarket Iran bets net near $1M, drawing insider-trading scrutiny
CNN reports a Polymarket trader has earned nearly $1 million since 2024 by making well-timed bets predicting US and Israeli actions against Iran, including bets before October 2024 strikes and June 2025 airstrikes, with an 83% win rate overall and 93% on bets over $10,000. Experts say the pattern—on-chain, anonymous activity on an offshore platform—raises insider-trading concerns, prompting new rules from Polymarket and ongoing regulator scrutiny of prediction markets like this.