Insider-Trade Scrutiny Clouds Iran-Related Prediction Markets
TL;DR Summary
Prediction-market platforms Kalshi and Polymarket face bipartisan scrutiny over Iran-related bets on the leadership and timing of strikes, amid insider-trading allegations; lawmakers push for tighter rules, Kalshi touts death carveouts and says it does not offer death or strike markets, while Polymarket’s contract is under review.
- Prediction markets draw scrutiny over Iran bets: "Insider trading in broad daylight," senator says CBS News
- Prediction market trader 'Magamyman' made $553,000 on death of Iran's supreme leader NPR
- Bets on Fate of Iran’s Khamenei Spark Uproar at Leading Prediction Markets WSJ
- Prediction market bets on Iran strikes stoke insider trading, ethics scrutiny Reuters
- Geopolitics Bets Hit a Record on Polymarket as Iran War Escalates Bloomberg
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