An anonymous trader generated nearly $1 million in profits since 2024 through dozens of suspiciously well-timed bets on Polymarket. Analysis from the firm Bubblemaps, shared with CNN, reveals that this user predicted unannounced military actions by the United States and Israel against Iran, achieving a 93% win rate on their five-figure bets. The findings underscore growing concerns regarding the use of privileged information in these markets.
The betting pattern is alarming, including transactions made just hours before Israeli strikes in October 2024 and U.S. bombings in June 2025. Expert Todd Phillips points out that a success rate of over 90% is highly unusual and suggests either incredible luck or insider trading activity. Bubblemaps, the company that tracked the transactions, described the activity as highly suspicious and indicative of the use of non-public information.
Consequently, Polymarket announced new rules prohibiting the use of confidential information for trading and the participation of individuals who can influence event outcomes. Meanwhile, in the U.S., bipartisan lawmakers are seeking to ban federal officials from using non-public information to bet on prediction platforms. The CFTC has already reminded the public that “insider trading” is illegal and that the agency can investigate and take civil action in this regard.
Source:https://goo.su/lXIKg5u
Disclaimer: Crypto Economy Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to provide quick information on relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
