According to investigations by Bubblemaps and CBS’s “60 Minutes,” nine accounts on Polymarket are suspected of using insider information to place bets on a U.S.-Iran war, collectively earning approximately $2.4 million with a win rate of 98%. These accounts established positions prior to events such as U.S.-Israel strikes on Iran, with individual accounts earning around $400,000 each. Bubblemaps stated it could not confirm the identities of the accounts but noted that “luck cannot explain this win rate.” Former CFTC official Rob Schwartz classified such behavior as a new form of insider trading.
9 accounts suspected of insider trading on Polymarket earn $2.4M
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Summary
On-chain data reveals that nine Polymarket accounts are suspected of exploiting insider information regarding U.S.-Iran tensions, earning $2.4 million with a 98% win rate. On-chain analysis shows bets were placed prior to key events such as Israeli strikes on Iran, with some accounts netting up to $400,000. Bubblemaps noted that the win rate defies statistical chance, while former CFTC official Rob Schwartz called it a new form of insider trading.
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