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Israel Arrests Two Individuals Over Polymarket Trades on Military Operations

Regulation & Legal

Israeli law enforcement authorities have reportedly detained two individuals suspected of trading on the decentralized prediction platform Polymarket regarding specific details of ongoing military operations. The investigation was launched following concerns that betting on the timing, location, or outcomes of tactical maneuvers could inadvertently disclose sensitive information or compromise operational security. Security officials are examining whether the suspects utilized insider knowledge or if their activities constituted a breach of national security regulations. Polymarket, which facilitates speculative betting on global events using blockchain technology, has seen a surge in markets related to the conflict in the Middle East, drawing the attention of international regulators and defense agencies. The case marks a significant instance of legal action taken against individuals for leveraging prediction markets in the context of active warfare.

Source: Israel arrests two over Polymarket trades on military operations

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