Six newly created wallets on the decentralized prediction market platform Polymarket have reportedly earned approximately $1 million by betting on a U.S. strike on Iran. The significant profits have raised concerns about potential insider trading, as the timing and accuracy of the bets suggest prior knowledge of the event. Polymarket, known for its user-generated prediction markets, is now under scrutiny as authorities investigate the possibility of illicit trading activities.
Polymarket Wallets Earn $1M on Iran Strike Bets, Raise Insider Trading Concerns
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