"Traders have made bets worth hundreds of millions of dollars since the start of the US-Israeli war on Iran with suspiciously well-timed trades that suggest knowledge of key White House decision-making."
"Polymarket gained mainstream popularity during the 2024 US presidential election, but it has become synonymous with suspected insider trading since January after well-timed bets on US plans to abduct Venezuelan President Nicolas Maduro."
"Researchers have tracked dozens of examples of anonymous new accounts betting big but also correctly just before a critical event like the February 28 US-Israeli strikes that began the Iran war."
"One of the most striking recent examples of suspicious betting was his discovery of 38 accounts that he believes belong to one person and netted more than $2m betting correctly on the February 28 strikes."
Traders have made significant bets on various platforms, including Polymarket, since the onset of the US-Israeli war on Iran. These trades suggest foreknowledge of White House decisions. Polymarket, popular during the 2024 US presidential election, has faced scrutiny for suspected insider trading, particularly after bets on US actions against Venezuelan President Maduro. Researchers identified numerous accounts making successful bets before key events, including the February 28 strikes. One analyst found 38 accounts linked to one individual, who profited over $2 million with a high success rate on bets placed shortly before the strikes.
Read at www.aljazeera.com
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