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Israel Indicts Reservist and Civilian Over Alleged Insider Bets on Polymarket

Officials say the episode underscores national-security risks from pseudonymous prediction markets, prompting a court-ordered publication ban.

Overview

  • Prosecutors filed indictments in Tel Aviv against an IDF reservist and a civilian accused of using classified military information to wager on Polymarket.
  • The charges include severe national-security offenses, bribery and obstruction of justice, following a joint investigation by Shin Bet, the Defense Ministry’s Arazim unit and Israel Police.
  • A court gag order restricts disclosure of identities and case details, and prosecutors said the accused will remain in custody until the end of the proceedings.
  • The military reported no operational harm from the incident but called it a grave ethical breach, with disciplinary action and reinforced procedures planned across IDF units.
  • Reporting links the case to an anonymous account that earned about $150,000 on highly precise June 2025 bets tied to Israeli strikes on Iran, intensifying scrutiny of prediction-market anonymity.