PANews
PANews|Mar 02, 2026 00:14
[Mysterious Account Accurately Bets on Airstrikes Against Iran, Trump Camp Faces 'Insider Trading' Allegations] According to Jin10, last weekend, as global traditional financial markets were closed, a large influx of funds poured into prediction markets like Polymarket and Kalshi, as well as decentralized exchanges like Hyperliquid. Investors sought to use these platforms to hedge risks or make speculative bets on the aftermath of U.S. and Israeli attacks on Iran. However, this capital frenzy quickly turned into a public opinion storm. On Saturday, a wave of skepticism emerged on social platform X, accusing certain insiders of exploiting prior knowledge of military strikes to profit heavily in prediction markets. In response to the criticism, a White House spokesperson defended in a media statement, claiming, 'The only special interest guiding the Trump administration's decisions is the best interest of the American people.' In fact, actions to crack down on insider betting related to international conflicts have already begun in some parts of the world. Facing the accusations, Kalshi CEO Tarek Mansour defended the platform, stating that all fees generated from user participation in the controversial markets would be refunded, and positions established before Khamenei's death would be forcibly settled at the last trading price. However, this 'forced liquidation' decision did not quell the controversy. Instead, many users complained on social platforms that they felt deceived by the platform.
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