According to a report by The Times of Israel on March 27, a Tel Aviv court revealed on Thursday that an Israeli Air Force reservist is suspected of using classified information to trade on Polymarket regarding last year's war between Israel and Iran. The defendant, a former Air Force major, and his accomplice were charged last month with serious security offenses, as well as bribery and obstruction of justice. They are suspected of trading on the timing of Israel's first airstrike in the 12-day war scheduled for June 2025. Authorities have not yet disclosed the suspect's identity or the specifics of the bets. The case was initially protected by a court injunction, which was partially lifted on Thursday night after applications from several Hebrew-language media outlets, allowing for the release of case details, but the defendant's name has not yet been published. The two received a total of $162,663 after successfully predicting the outcome last June, and they agreed to split the money. Last month, prosecutors filed charges against the two in the Tel Aviv District Court, seeking to detain them until the legal proceedings conclude.
An Israeli Air Force major has been accused of profiting from trading on Polymarket using classified information.
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