Well-timed bets on Polymarket tied to Iran war draw calls for investigations

NEW YORK — Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred. On Wednesday, The Associated Press reported that at least 50 brand new accounts on Polymarket placed substantial … Read more

Insider trading? Why well-timed market plays are raising alarms in Washington.

Reports of big payouts from market trades that appeared to foresee major actions by the Trump administration – potentially with insider information – are becoming increasingly common. Last week, the oil futures market saw a spike in trades about 15 minutes before President Donald Trump announced a pause in plans to attack Iranian power plants. … Read more