"According to the Wall Street Journal, several Israeli citizens, including a number of Israeli Defense Force reservists, have been arrested over the use of classified information to place Polymarket bets. Per the WSJ's reporting, one as-yet anonymous Polymarket account, ricosuave666 - an apparent nod to the Latin pop superstar - made seven predictions about Israel's twelve-day war with Iran last June, before walking away with over $150,000 in combined bets."
"It finally reactivated in January, reportedly to bet on Israel's next strike on Iran. Though Israel carried out plenty of other strikes in January as tensions remained steady with Iran, a direct attack on the Islamic Republic hasn't been reported. Many mysteries remain. Since the WSJ published its article, it seems the Polymarket account has been scrubbed, and the publication didn't confirm ricosuave66 was one of the accounts under investigation."
Several Israeli citizens, including Israeli Defense Force reservists, have been arrested for allegedly using classified information to place bets on Polymarket. An anonymous account, ricosuave666, reportedly made seven predictions about a twelve-day war with Iran and profited over $150,000. The account reactivated in January, allegedly to bet on another strike, though no direct attack on Iran was reported. The account appears to have been scrubbed, and authorities have not confirmed identities of investigated accounts. The episode follows other suspicious prediction-market trades and raises concerns about wagers on violent international events and insider information.
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