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Blockchain analysts say traders may have used insider information to profit on Iran conflict bets

On HALO

1 week ago

A single digital gambler known only as "Magamyman" walked away with $600,000 this weekend after successfully betting on the U.S. military’s strike against Iranian leadership—and he was not alone.As millions of dollars flooded into controversial prediction markets tied to U.S. strikes on Iran and the death of Ayatollah Ali Khamenei, blockchain investigators say a handful of suspected insiders may have used non-public information to turn the fog of war into a personal windfall.Just before the U.S.-led strikes that rocked Iran early Saturday, Reuters and other outlets reported a surge of "suspici...

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1 week ago
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