Comment by YZF
16 hours ago
https://www.timesofisrael.com/liveblog_entry/court-idf-reser...
This was just on the news:
"A reservist suspected of using classified information to place bets on the Polymarket prediction site served as a major in the Israeli Air Force, a Tel Aviv Court reveals.
The defendant was indicted alongside his alleged accomplice last month on severe security offenses, as well as bribery and obstruction of justice, after they allegedly bet on the timing of Israel’s opening strikes that kicked off the 12-day war with Iran last June.
The case was subject to a court-issued gag order, which was partially lifted this evening following a petition from several Hebrew-language outlets. The details of the case were cleared for publication, but the defendants’ names are still under wraps.
According to the indictment, the soldier was briefed on the June operation in a confidential meeting a day before it was carried out, then notified his civilian accomplice about the offensive. When Israeli warplanes were on their way to attack Iran, the reservist let the civilian know, and the latter placed a bet on the war’s timing.
The pair allegedly made $162,663 after winning the bet, which they agreed to split evenly between themselves."
In addition to this article, I've recently read this one [1], where the reported received numerous violence and death threats from people who wanted him to change the a story he published to match what they bet on Polymarket.
[1] https://www.timesofisrael.com/gamblers-trying-to-win-a-bet-o...
Yeah this is a much more likely outcome of unregulated gambling... I expect to hear a LOT more of this. Also plan for a swift, complete erosion of trust in sports officiating.
This is the literally the only use of prediction markets in the real world - insider trading leaks information
Hey, that's not fair! It's also used for degenerate gambling.
I’d love to read about their Opsec failures. It seems like an offline conversation or Signal chat with disappearing messages could’ve saved these two. Any links to details on the case?
If you thought that was bad look at spx futures before trump iran announcement. $1.5b placement made 5 mins before trump spoke.