Israel seized two polymarkets in Iran’s attack
Israeli authorities have arrested and charged two people for using classified information related to Israel's attack on Iran's Polymarket.
In a joint statement Thursday, Israel's Ministry of Defense, the Shin Bet and the police announced the arrest of a military reservist and a civilian who were investigated for receiving classified information about the race.
The prosecutor's office will pursue criminal charges for security-related crimes, bribery and obstruction of justice. Authorities said the guard was working for Sheen's house.
Prediction markets have seen this year's biggest insider trading scandal after Polymarket user Nicolás Maduro won a bet that he would step down hours before he was captured by US forces.
Israel's state-owned news outlet Khan reported last month that Polymarket user “ricosuave666” had placed several bets related to Israel's military operations in Iran in June 2025, but it was not known who was behind the account.
The account has reportedly earned tens of thousands of dollars and earned over $152,300; The latter won $128,700 when he placed bets on markets such as “Israel attacks Iran on June 24” and “Israel will take military action against Iran by Friday.”
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Prediction markets lead to real security risks when misused
Lawmakers around the world have raised concerns that insider knowledge could be used in construction markets, undermining market integrity and public trust.
Israel's Defense Ministry said betting based on classified information “poses a real security threat to the activities of the Israel Defense Forces and national activities,” adding that Israel's military, security and police forces will continue to crack down on anyone who illegally uses classified information.
A lawyer representing the guard told Bloomberg that the accusations of harming national security were dismissed as “false.”
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