Israel Indicts Two Over Secret Bets on Military Operations via Polymarket

Israel indicted two citizens for allegedly using classified information to place wagers on the prediction platform Polymarket, according to a statement made by authorities on Thursday.   The news renewed concern that prediction markets make it easier to engage in insider trading for profit.   Israeli Agencies Target Military Insider Betting Case In a joint statement, the Israeli Defense Ministry, Israel Police, and the Shin Bet said the suspects — an army reservist and a civilian — were arrested on suspicion of placing bets on Polymarket about potential military operations.   “This was allegedly based on classified information to which the reservists were exposed through their military duties,” the statement said source: https://beincrypto.com/israel-idf-polymarket-bets/