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The Independent UK
The Independent UK
National
Rhian Lubin

Polymarket pulls bets on fate of missing US pilot after intense backlash

Polymarket United States Donald Trump Jr. Seth Moulton
  • Prediction market Polymarket removed a bet concerning the fates of U.S. pilots shot down in Iran after Democratic Rep. Seth Moulton branded it a “dystopian death market.”
  • One pilot from the F-15 Strike Eagle was rescued, but another remains missing, with no update from the administration regarding the missing service member.
  • Polymarket stated the bet was immediately removed as it did not meet their integrity standards and they are investigating how it was posted.
  • Rep. Moulton pointed out that Donald Trump Jr. is an adviser to Polymarket, and the Trump family is also involved in the prediction market space with plans for Truth Predict.
  • The incident highlights growing scrutiny of prediction markets, with proposed legislation aiming to ban betting on war, terrorism, assassinations, and government actions, following instances of bettors profiting from insider knowledge.

IN FULL

Polymarket pulls bet on fate of US pilot missing in Iran amid uproar: ‘Dystopian death market’

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