NEW YORK TIMES · 2026-10-29 23:37 UTC

Polymarket Is Investigating Suspicious Bets on Israeli Election

Polymarket is investigating dozens of suspicious bets placed by hundreds of new accounts on the Israeli election, wagering on Netanyahu and Likud winning just before polls closed on Tuesday. One account created 6 minutes before placing a $14,000 bet cashed out for $42,000 after exit polls showed Netanyahu's party likely to win more seats. Polymarket reported the activity to law enforcement and announced new election-specific surveillance; separately, the platform suspended trading after a security incident involving DebugBear affected user accounts.

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