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Prediction Markets Scrutiny

B
Benzinga

29 Views • Mar 10, 2026

Description

Polymarket faced scrutiny after hosting bets on nuclear detonations and regime change during the Iran war, with suspected insiders netting $1.2M on strike timing wagers. U.S. lawmakers proposed bills restricting markets tied to military actions and deaths as a related Iran strike market drew $500M+ in bets.