Polymarket Iran Strike Bets Hit $529M — Six Wallets Suspected of Insider Trading

Six cryptocurrency wallets on prediction market Polymarket earned roughly $1.2 million by correctly betting that the U.S. would strike Iran specifically on February 28, just hours before explosions were reported in Tehran. The accounts were created in February and placed highly concentrated bets on the exact date, raising suspicions of insider knowledge. Total trading volume on Iran-related Polymarket contracts reached $529 million. Blockchain analysts flagged the wallets as funded through similar pathways.