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Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers

Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred.

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Well-timed bets on Polymarket tied to the Iran war draw calls for investigations from lawmakers
Source: NPR News
FILE - Rep. Ritchie Torres, D-N.Y., listens during a House committee on homeland security hearing addressing threats to election security at the Capitol in Washington, Wednesday, July 20, 2022.

Calls are increasing inside Congress for investigations into the prediction market platform Polymarket after the latest instance where groups of anonymous traders made strategic, well-timed bets on a major geopolitical event hours before it occurred.

(Image credit: Amanda Andrade-Rhoades)

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