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Senator Flags White House 'Corruption' Concerns Over Iran War Predictions Markets

by Decrypt
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Senator Flags White House 'Corruption' Concerns Over Iran War Predictions Markets

In brief

  • Senator Chris Murphy has alleged people with White House access placed six-figure predictions market bets the day before the U.S. struck Iran.
  • Blockchain analytics firm Bubblemaps previously identified six accounts that collectively made $1.2 million betting on U.S. strikes on Iran, with no prior trading history.
  • Murphy said he plans to introduce legislation banning “destabilizing prediction markets.”

A series of unusually timed prediction market bets placed just hours before U.S. strikes…

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