Wagers were placed over the weekend about the fate of Iranian leader Ayatollah Ali Khamenei, who was killed in the bombardment of Iran.
Polymarket users placed hundreds of bets of at least $1,000 predicting an imminent American strike, raising concerns about insider trading.
Over $500M was bet on the timing of U.S. strikes, with some traders earning staggering profits from their well‑timed wagers.
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