A shocking report has claimed that millions of dollars may have been made through online betting related to the ongoing conflict between the United States and Iran.Reports said that, more than $600,000 was reportedly won by bettors who correctly predicted a possible US-Iran ceasefire. Authorities suspect that confidential US government information may have been used to place bets on online prediction platforms such as Polymarket and Kalshi.Reports say that betting on the conflict has been taking place since the war began earlier this year. Because of concerns over the misuse of sensitive information, the White House had already warned its employees in March not to share any confidential details that could be used for financial gain.In April, betting markets allowed users to predict whether a ceasefire would be announced. On April 8, President Donald Trump announced the first phase of a ceasefire with Iran.
However, before the official announcement, blockchain research firm Bubblemaps found that three anonymous Polymarket accounts had accurately predicted the event and earned more than $600,000 (around ₹5.77 crore). This has raised suspicions that confidential information may have been leaked before the public announcement.Following these findings, an investigation has been launched into Gabriel Perez, a teleprompter operator for President Trump. He is accused of accessing the President’s speeches in advance and leaking information that could have helped bettors profit.The US Commodity Futures Trading Commission (CFTC) is also investigating reports that Perez earned more than $100,000 through online betting. The White House has confirmed that the investigation is ongoing.The betting controversy has created major concern within the White House, with several senior officials now reportedly under increased scrutiny as investigators look into the possible leak of confidential government information.
