Gate News reports that on March 27, a court in Tel Aviv revealed that an Israeli Air Force reserve major is suspected of using confidential information to profit from trading on Polymarket regarding last year’s war between Israel and Iran. The major and his accomplice were charged last month with serious security offenses, as well as bribery and obstruction of justice, and they are suspected of trading on the timing of the first airstrike in the 12-day war launched by Israel in June 2025. Authorities have not disclosed the identity of the suspects or the specifics of the trades. The two earned a total of $162,663 after successfully predicting last June and agreed to split the money. The case was initially protected by a court order from the Tel Aviv District Court, but on Thursday evening, after applications from several Hebrew media outlets, part of the order was lifted, allowing the details of the case to be made public, though the names of the defendants remain undisclosed. Last month, prosecutors filed charges against the two in the Tel Aviv District Court and sought to detain them until the legal proceedings are completed.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket and Kalshi’s cumulative trading volume reaches $150 billion: April monthly volume hits a new high of $21.9 billion
In April, Polymarket and Kalshi’s cumulative trading volume surpassed $150 billion, with a monthly total of $21.9 billion (Kalshi $13.4 billion, Polymarket $8.5 billion), accounting for 85% combined. Since launch, cumulative volume has reached $150 billion; YTD through 4/20, Kalshi is $37.49 billion, Polymarket $29.23 billion, for a combined $66.7 billion. Kalshi is backed by full CFTC oversight and leads with an interface close to sports betting; Polymarket is open to international users, settles in USDC, and covers broader topics. Future watchpoints include CFTC de-restriction negotiations, Polymarket fundraising, and Kalshi valuation trends.
ChainNewsAbmedia28m ago
Kalshi's Non-Farm Payroll Forecasts Show No Edge Over Economists, Average Errors Exceed 60,000 Jobs
According to Bloomberg, Kalshi traders' predictions on U.S. non-farm payroll data showed no significant advantage over Bloomberg survey economists over the past 33 months, with average forecast errors exceeding 60,000 jobs for both groups. In April 2026, when the actual non-farm payroll report showe
GateNews1h ago
Polymarket Odds Hit 20% for the US Government to Confirm Alien Life in 2026
The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal
Coinpedia4h ago
CFTC Sues 5-6 States Over Prediction Market Authority at Consensus 2026
According to CFTC Chair Michael Selig at Consensus 2026, the CFTC has sued approximately five to six states, including Arizona, Connecticut, Illinois, and New York, over regulatory authority of prediction markets. The core dispute centers on whether the CFTC or state regulators have jurisdiction ove
GateNews6h ago
Polymarket’s Popular Prediction: Can a Permanent Peace Agreement Between the US and Iran Be Implemented in 2026?
Can a permanent peace agreement between the US and Iran be reached in 2026? Polymarket prediction markets provide a probability distribution across different time milestones, with total trading volume exceeding $78 million.
GateInstantTrends8h ago
PSG's Champions League Odds Surge to 57% on Polymarket After Semifinal Win, Up 29% in 24 Hours
According to Odaily Seer monitoring Polymarket data, Paris Saint-Germain's odds to win the Champions League rose to 57% earlier today, up 29% in 24 hours, while Arsenal's odds stand at 43%, up 1% over the same period. PSG advanced to the final after drawing 1-1 away against Bayern Munich in the Cham
GateNews9h ago
