Just hours before an Iran ceasefire became public, three newly created Polymarket accounts pocketed over $600,000 by betting on its exact timing.
The highly suspicious windfall, executed even as Donald Trump warned that “a whole civilization will die tonight,” has now prompted the White House to warn its own staff that mirroring such trades could be a criminal offense.
The ceasefire market generated over $266 million in total trading volume since launch.
Insider Trading Or Coincidence?
The ceasefire bets follow a troubling pattern.
When Operation Epic Fury began, suspected insiders made $1.2M on Iran strikes. Earlier this year, an unknown trader pocketed $400,000 on Nicolás Maduro’s capture less than five hours before it happened.
The White House appeared to take notice.
The Management Office sent a staff-wide email warning that it is “a criminal offense for anyone to use nonpublic information to buy or sell these contracts.”
The timing …
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