BLOOMBERG LAW · 2026-10-29 17:00 UTC

Polymarket Investigates Suspicious Trades on Israel Election (1)

Polymarket is investigating suspicious trades on Israeli election betting where hundreds of new accounts placed bets just before polls closed on Tuesday. The accounts bet that Netanyahu and Likud would outperform, and the trades became profitable after exit polls showed better results for Netanyahu's party. Some accounts have already cashed out over $100,000 combined, raising concerns about potential insider trading on prediction markets.

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