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Ongoing Story· Day 36

Predictive Markets: How Money Can Influence Election Outcomes

8 developments

YnetnewsPolitics

Polymarket Probes Suspected Insider Trading in Israeli Election

Summarized from Ynetnews by baba

CenterNeutral tone

English · 3 newsrooms covering

Betting platform Polymarket is investigating suspected insider trading in the Israeli election after hundreds of new accounts bet on Benjamin Netanyahu and Likud's success shortly before polls closed. These bets yielded profits quickly, with some users withdrawing over $100,000. However, Polymarket has not yet found evidence of insider information and acknowledges the possibility of successful independent assessments.

The story in 5 lines · by baba

  • Polymarket is investigating suspected insider trading in the Israeli election.
  • Hundreds of new accounts bet on Benjamin Netanyahu and Likud's success before polls closed.
  • The bets yielded profits shortly after exit polls showed better results for Likud.
  • Some accounts have withdrawn over $100,000, while others have unrealized profits.
  • No evidence of insider information has been found yet, Polymarket stated.
Polymarket Probes Suspected Insider Trading in Israeli Election
Editorial illustration generated by baba News, not a photograph of the event.

Ynetnews publishes in English. The key points are summarized above. Read Ynetnews’s full report from the link at the top of the page.

YnetnewsCentre · Rishon LeZion

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