Two Alleged Polymarket Insiders Arrested By Israeli Authorities

Arrested two alleged Polymarket insiders in Israel: prosecutors have charged an IDF reservist and a civilian for allegedly using classified military information to profit on the crypto prediction.

In a joint statement from the Israel Police, Shin Bet, and the Ministry of Defense, the reservist accessed non-public operational intelligence through his military role and shared it with the civilian.

The civilian then allegedly placed trades on Polymarket markets tied to Israeli military actions.

Authorities claim the activity generated around $150,000 in profits. The exact markets were not fully disclosed, but local media reports suggest they were linked to the timing of Israeli military operations during the June 2025 attack on Iran.

Significant chance Israel made these very public arrests because they got the green light from Trump yesterday and they don’t want these dumbasses tipping off Iran with their bets

Role of Lahav 433 and Shin Bet In The Arrest Of the Two Polymarket Insiders

The investigation was conducted by the Israel Defense Forces (IDF), the Shin Bet internal security agency, and the Israel Police’s Lahav 433 unit. Based on a joint statement, the reservist allegedly accessed classified documents to inform the civilian co-conspirator, who then executed the trades.

Reports indicate the betting account in question may have wagered tens of thousands of dollars on markets like “Israel strike on Iran,” yielding over $150,000 in profits. Local prosecutors intend to file indictments for aggravated espionage, bribery, and obstruction of justice.

Investigators say the suspected wagers were not isolated: traders placed multiple bets on outcome contracts about when Israel would strike Iran.

People are clearly still betting on the possible next attack, such as this one by June 30, 2026.