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The Latest Breaking News from Polymarket

Betting against political prediction markets

The rise of political prediction markets and several well-timed trades have spurred lawmakers to introduce multiple bills aimed at stopping or regulating insider trading in prediction markets. But lawmakers are far from agreeing on how far to extend such bans. “Members of Congress should be prohibited from participating in prediction…

Roll Call

Iran-US war latest: Tehran considers ‘pause’ to Strait of Hormuz shipments as Trump says talks could resume this week

Iran is ‘trying to avoid escalation’ as negotiators reportedly aim to restart Islamabad talks

The Independent UK

‘Abhorrent’: the inside story of the Polymarket gamblers betting millions on war

A Guardian investigation reveals how the prediction market can shape news – and how it rules on ‘the truth’

The Guardian - UK

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Prediction markets have made betting easier than ever—and young men are paying the price

“I think about that money I lost every single day,” says Samuel Sharkey, a 23-year-old who lost about $10,000 on Kalshi.

Fortune

Harvard Study Estimates $143 Million in Polymarket Profits May Have Been Generated Through Insider Information

A Harvard-linked study and unusual betting activity have raised questions about possible insider information in Polymarket trades tied to Iran and Trump-related geopolitical events, though no wrongdoing has been proven.

International Business Times UK

White House warns staffers against placing bets on global events amid insider trading accusations

IN FULL

The Independent UK

Who Will Win the Election 2028? White House Warns Staff Against Betting on Platforms Like Polymarket

The White House has issued a blunt warning to staff against using insider information to bet on Election 2028 odds via platforms like Polymarket. This follows a $44bn surge in political wagering and concerns over insider trading linked to President Trump's recent military decisions. Lawmakers are now pushing for a…

International Business Times UK

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White House warns staffers not to place bets on prediction markets amid the Iran war: report

Three new Polymarket accounts raked in over half a million dollars after accurately predicting the Iran War ceasefire

The Independent UK

Judge rejects bid to stop Arizona’s prosecution of Kalshi on wagering charges

A federal judge has denied a bid by prediction market operator Kalshi to bar Arizona prosecutors from moving forward with a criminal case against the company

The Independent UK

Prediction markets are back the spotlight, this time because of the war in Iran

Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election — and recently, even the fate of the U.S. and Israel’s war against Iran

The Independent UK

‘Trump Jr. sits on the board’: Suspiciously timed Iran ceasefire bets on ‘prediction markets’ raise war profiteering concerns

War shouldn’t be something some people die over while others profit from it.

We Got This Covered

Newly-made Polymarket accounts won massively on US-Iran ceasefire bets

Newly-made Polymarket accounts bet big on the US-Iran ceasefire mere hours before Trump's announcement profiting hundreds of thousands of dollars and raising suspicions of insider trading.

Euronews

Newly created Polymarket accounts win big on well-timed Iran ceasefire bets

Customers make hundreds of thousands of dollars as records show substantial bets made before announcement

The Guardian - US

Insider trading accusations ignited amid well-timed US-Iran ceasefire bets on Polymarket

‘What is the statistical likelihood that of anyone other than an insider trader placing a winning bet 12 minutes before a market-moving presidential announcement? There are two answers: God, or an insider trader’

The Independent UK

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The Mary Sue

Polymarket Users Crush Servers After Trump’s Iran Threats

Polymarket users are running up the numbers on the app after United States President Donald Trump’s threats against Iran. Trump hinted that the government could bomb Iran at 8PM ET tonight.

The Guardian - US

Why do elite Democrats fear Hasan Piker?

The party establishment rushed to condemn the Twitch streamer after news of his alliance with a Michigan Senate candidate

The Mary Sue

Iraq vet lashes out at Polymarket for ‘disgusting’ bets on airmen’s lives in the Iran war

Online betting platform Polymarket has finally stopped accepting wagers on when U.S. warplane crew members, shot down in Iran, might be rescued, promising an investigation into how such a market ever appeared. According to The Guardian, this move comes after significant criticism, particularly from a federal lawmaker who called the…

International Business Times UK

'Dystopian Death Market': Polymarket Under Fire Over Bets on Rescue of Downed US F-15 Crew in Iran

Polymarket is criticised for allowing bets on the fate of US Air Force crew members after a jet incident in Iran, sparking ethical debates.

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Fortune

Polymarket apologizes after letting users bet on downed U.S. pilots in Iran: 'It should not have been posted'

Prediction market bets on outcomes of the war in Iran have sparked ethical concerns. Polymarket CEO Shayne Coplan said similar markets create “more money, more problems.”

The Guardian - US

Polymarket criticized over ‘disgusting’ bets on fate of pilots on US jet shot by Iran

US congressman decried bets on when two crew members on the F-15 jet shot down by Iranian forces would be rescued

The Independent UK

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

IN FULL

The Independent UK

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

Polymarket said the bet was taken down ‘immediately’ and it was investigating

The Guardian - US

US government sues Illinois, alleging unlawful efforts to regulate prediction markets

Booming prediction market sites, such as Kalshi and Polymarket, face scrutiny from states and Congress

We Got This Covered

‘We demand an immediate retraction’: Pentagon is fuming after Pete Hegseth’s alleged true motive for declaring no mercy for Iran is exposed

Hegseth has some explaining to do.

The Conversation

MLB doubles down on gambling with new Polymarket deal

MLB’s past few seasons have been plagued by a spate of gambling scandals.

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