Prediction Platforms Under Scrutiny for Alleged Insider Trading

Prediction platforms Kalshi and Polymarket are facing criticism following allegations of insider trading related to Iran airstrikes and the death of Iran’s Supreme Leader. According to NS3.AI, Kalshi has defended its regulations, emphasizing that markets do not settle directly on death events and has reimbursed users impacted by the market outcomes. Meanwhile, blockchain analysts have pointed out suspicious betting activities by insiders prior to the strikes, which has heightened concerns about transparency and fairness in these platforms.