"Polymarket courageously defended its choice to let its users bet on the bombings in an editorial note on the platform, stating that the "ability" to wager on events such as these "is particularly invaluable in gut-wrenching times.""
"This market will resolve to "Yes" if a nuclear weapon is detonated anywhere in the world between December 17, 2025 ET, and March 31, 2026, 11:59 PM ET. However, in the time between Sirota's post and now, Polymarket has clearly had a change of heart."
"As of this writing, there's been no official statement made by Polymarket regarding its decision to remove the bet from the website. If you're that desperate to gamble on the needless loss of life, though, you can throw your lot in with the $7,457,007 worth of bets listed on the wager "Will the Iranian regime fall by June 30?""
Polymarket, a cryptocurrency-based prediction market platform, faced scrutiny for allowing users to bet on military conflicts and potential nuclear detonation. Following the February 28 bombing of Iran, the platform hosted betting markets on the strikes and subsequently created a market predicting nuclear weapon detonation by specific dates. After journalist David Sirota highlighted the nuclear betting market, Polymarket removed the wager and archived it without official explanation. The platform had previously defended such betting as valuable during crises, but the public backlash prompted the removal. Other geopolitical betting markets remain active on the platform.
Read at Kotaku
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