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Insider Trading Scandal on Polymarket
Description
Insider trading allegations on Polymarket escalate as new data reveals a significant discrepancy in military and defense bets, with longshot wagers hitting fifty-one point eight percent of the time. This, coupled with research showing a small percentage of traders setting most prices and snagging nearly all the profits, raises concerns about information gaps and potential insider knowledge. The report highlights the June 2025 U.S. strikes on Iran, where timed bets cashed in despite Pentagon stealth tactics. Proposed fixes include bettor ID checks, payout holds on shady bets, and limits on super-specific markets to prevent Polymarkets edge in prediction markets from eroding under insider trading.
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