White House investigates $600,000 profit from US-Iran ceasefire wagers

According to a Wall Street Journal report, the White House is looking into potential insider activity after unidentified traders earned more than $600,000 (approximately ₹5.7 crore) by wagering on a US-Iran ceasefire this past April. Although a directive issued in March prohibits staff members from leveraging private information for financial benefit, pinpointing the source of a leak is challenging since the prediction platform Polymarket permits users to trade anonymously.

by shortkt.com
19 hours ago
White House investigates $600,000 profit from US-Iran ceasefire wagers | ShortKT