Prediction Markets See $529 Million Traded on US-Iran Strike Bets Amid Insider Trading Concerns

Prediction markets like Polymarket saw $529 million traded on contracts related to potential US strikes on Iran, with significant activity occurring shortly before actual attacks. Analysts and reports have raised concerns about possible insider trading, noting that some new accounts placed large bets just hours before the strikes. Similar trading patterns were observed during previous US military actions. Platforms continue to offer contracts on related geopolitical events, reflecting ongoing market interest.