Polymarket trades on contracts tied to strikes on Iran hit $529M, and six new accounts profited a total of $1M by betting on the US to strike Iran by Feb. 28
As US and Israeli bombs fell on Iran this weekend, bettors on Polymarket — where $529 million was traded on contracts tied to the timing of the strikes — were cashing in.
Bloomberg Emily Nicolle
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Discussion
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@chadloder
Chad Loder
on bluesky
We don't allow players to place bets on their own games but we're allowing national security advisers to place bets on literal wars.
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r/business
r
on reddit
Polymarket Iran Bets Hit $529 Million as New Wallets Raise Insider Concerns
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@carnage4life
Dare Obasanjo
on bluesky
The idea that people have made over $1M betting on the U.S. bombing Iran this month is gross. — I can't believe people figured out how to make gambling even worse for humanity.
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@saltcreekbrews
@saltcreekbrews
on bluesky
Technically polymarket isn't under the ethics rules [embedded post]
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@surflaw
Christie Martin
on bluesky
This is fresh hell. Betting on war. Maybe they can send some of their winnings to help the schools girls pay for funerals — www.bloomberg.com/news/article...
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r/CryptoCurrency
r
on reddit
Polymarket Iran Bets Hit $529 Million as New Wallets Raise Insider Concerns
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@thebluenami
@thebluenami
on bluesky
this makes me want to VOMIT — people bet $530MM USD on the IRAN war — people PROFITING off of DEATH — what in the actual F*&K...i'm disgusted by this — www.bloomberg.com/news/article... [image]
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@nilsgilman
Nils Gilman
on bluesky
Six Polymarket accounts made ~$1m in profit betting on the US to strike Iran by Feb. 28. These accounts were all created in February & had only ever placed bets on when US strikes might occur. If the owners of these accounts are regime insiders, they belong in jail. www.bloombe…
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@chriscuomo
Christopher C. Cuomo
on x
Same happened before venezuela op. How is this ok?
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@jkmcnk.gmajna.net
@jkmcnk.gmajna.net
on bluesky
every single intelligence service in the world now monitoring insider trading on prediction markets for signals on what the US admin is about to do. 😜 🤷 www.bloomberg.com/news/article...