Hundreds of accounts bet on Netanyahu just before the polls - Polymarket investigating

In depth

The prediction platform Polymarket is examining hundreds of new accounts and wallets that placed bets on the Israeli elections shortly before polling stations closed and before the polls were published. According to Ynet, the review concerns suspicion of trading on inside information.

According to Israel Hayom, more than 100 crypto wallets that were funded for the first time on election day made especially profitable trades, and some have already collected profits of over $100,000. According to Bizportal, more than 600 wallets bet on a win for Netanyahu and Likud.

According to Ice, Polymarket passed a report to enforcement authorities following the bets. According to Kikar HaShabbat, the company reported to law enforcement authorities.