Polymarket probes suspicious election trades
Polymarket is investigating suspicious trades on the Israeli election after newly created accounts placed profitable bets on Benjamin Netanyahu. Data firms also flagged the activity as prediction markets face growing scrutiny.
Prediction market operator Polymarket is investigating suspicious trades on Israel's election, with accounts cashing out over $100,000 following exit polls. The probe follows a surge in newly created wallets placing bets shortly before polls closed on Tuesday. Prediction platforms face rising scrutiny over insider trading amid sharp volume increases.
