"People started reaching out asking Fabian to change his article. Some argued that Israel Defense Forces had not officially mentioned such an attack occurring on that day, and others said that the explosion he had reported was the result of a missile being intercepted, which according to Polymarket's terms wouldn't count as a strike "on Israel's soil.""
""You will discover enemies who will be willing to pay anything to make your life miserable-within the framework of the law," one person wrote to Fabian before adding, "As far as I know, there are also some people who don't really care about the law, and you're going to make them lose about 50 times what you'll ever make.""
"Much as athletes have faced threats and harassment from fans with money riding on a game, prediction markets are now creating incentives for gamblers to target all manner of people with inside information or some influence over major events."
Journalist Emanuel Fabian reported on a missile strike near Jerusalem on March 10, which became the subject of intense dispute on Polymarket, a prediction market where over $14 million was wagered on whether Iran would attack Israel. After Fabian's reporting, he received threats from gamblers who stood to lose money if his account was accurate. Some demanded he change his article, arguing the missile was intercepted and therefore shouldn't count as a strike on Israeli soil. Despite pressure and threats, Fabian maintained his reporting. This incident illustrates how prediction markets create financial incentives for gamblers to target and harass individuals with influence over major events, similar to threats athletes face from sports bettors.
Read at The Atlantic
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