Death-Bet Frenzy: Prediction Markets Roil Over Khamenei Ouster Amid Iran Strikes

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Source: Business Insider
Death-Bet Frenzy: Prediction Markets Roil Over Khamenei Ouster Amid Iran Strikes
Photo: Business Insider
TL;DR Summary

After US and Israeli strikes on Iran, prediction markets Kalshi and Polymarket saw hundreds of millions of dollars wagered on outcomes including Ali Khamenei’s ouster, triggering outrage over market mechanics and drawing regulatory scrutiny.

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