Iran Ceasefire, Then a 6‑Figure Pump: How Polymarket Turned Insiders Into Crypto Millionaires
President Trump's Truth Social announcement of a ceasefire was preceded by suspicious betting activity on the prediction platform Polymarket.
Part of a bigger event
‘People need to go to jail’: Firestorm as mysterious bets cash in on ceasefire hours early9 articles·7 sources·Avg cred 72/100
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tl;dr
Suspicious betting activity on Polymarket involving new accounts suggests insider trading prior to President Trump's Iran ceasefire announcement, prompting calls for federal regulation of prediction markets.
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