A trader made nearly $1 million since 2024 from dozens of well-timed Polymarket bets that correctly predicted US and Israeli military actions against Iran, according to an analysis shared with CNN.
Federal prosecutors in Manhattan are exploring whether certain lucrative bets placed on prediction markets have violated insider trading and other laws, multiple sources told CNN.
Analysis shows an anonymous trader made nearly $1 million off Polymarket bets that correctly predicted U.S. and Israeli military actions against Iran. CNN contributor Kara Swisher weighs in, telling ...