Betting on the Iran war

March 17, 2026·26 min·2 clips

New crypto wallets made millions by betting on war events just hours before they happened, suggesting insider trading.

This episode investigates how prediction markets like Polymarket and Kalshi allow people to bet on war events, leading to insider trading and ethical concerns. It explores a case where a journalist faced threats over a missile report due to bettors losing money, and discusses regulatory challenges and efforts to diversify these platforms.

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