Polymarket reportedly investigating suspicious Israeli election trades

Bloomberg reports Polymarket is investigating well-timed, profitable Israeli election trades that raise concerns about potential insider trading. Its analysis of Polymarket’s blockchain ledger found hundreds of new accounts betting just before polls closed that Netanyahu and Likud would do better than opponents. Some accounts had collectively cashed out over $100,000 after exit polls showed Likud won more seats than early reports suggested. The Wall Street Journal also reports the investigation, citing a person familiar with the matter.