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.”