Cumulative abnormal trading of $45 million in Iran war-related prediction markets! Accounts registered for just 2 hours have made precise bets exceeding $1 million.
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While prediction markets are drawing billions of dollars in bets around the Iran war, a series of unusually well-timed wagers are arousing intense scrutiny from regulators and politicians.
A Bloomberg investigative analysis reveals that Polymarket's on-chain prediction contracts have recently seen unusually profitable trades around major policy announcements,
