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Polymarket Faces Insider Trading Probe Amid Iran Strikes

3/10/2026

30 5 Full Breakdown

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Polymarket Insider Trading

Polymarket is under investigation for potential insider trading tied to the recent military strikes on Iran.
Bettors reportedly earned over $500 million by accurately predicting the timing of the attacks.
Donald Trump Jr., a shareholder in Polymarket, faces concerns about conflicts of interest.
The scrutiny follows significant platform activity before the strikes, amplifying allegations of unethical betting practices.

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Trump Launches Military Strike

On February 27, 2026, U.S. President Donald Trump authorized Operation Epic Fury, a military assault on Iran, en route to a Texas speech.
The following morning, Trump announced the attack on Truth Social.
Bubblemaps reported that six Polymarket accounts made $1.2 million betting on the strike.
A pseudonymous account, Magamyman, placed larger bets on the strike and Ayatollah Ali Khamenei's fate.

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Polymarket Insider Trading

Polymarket is under investigation for potential insider trading tied to the recent military strikes on Iran.
Bettors reportedly earned over $500 million by accurately predicting the timing of the attacks.
Donald Trump Jr., a shareholder in Polymarket, faces concerns about conflicts of interest.
The scrutiny follows significant platform activity before the strikes, amplifying allegations of unethical betting practices.

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