According to Decrypt, US Senator Chris Murphy criticized prediction market betting surrounding the Iran war, citing a potential "corruption" risk of those with access to White House information profiting from advance betting, and stated his intention to push for legislation to restrict prediction markets. The report states that on-chain analytics firm Bubblemaps previously identified six accounts that allegedly profited approximately $1.2 million in Polymarket contracts related to whether the US would strike Iran before February 28, 2026. These accounts had no prior trading history and entered the market shortly before the attack. Allegations of insider information involvement remain to be verified.
U.S. Senator Chris Murphy has accused the Iran war-related prediction market of being at risk of corruption.
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