A new account made over $515,000 betting on the U.S. strike against Iran

Source: Hacker News

Something is going on with Polymarket, and we need to talk about it.

Last night, a brand‑new account made over $515,000 betting on the U.S. strike against Iran. The trade was placed 71 minutes before the news broke publicly.

In 2025:

• Those investigations were closed.
• The platform was legalized.
• It saw $21 billion in trades (up from $9 billion in 2024).

I believe in free markets. But when the President’s own family sits on the advisory board of a platform that had its legal hurdles cleared overnight, we need to be asking questions.