Newly created accounts made around $1 million betting on the precise timing of US strikes on Iran, prompting calls for investigation into whether prediction markets are being used to profit from war.

Bettors on the prediction platform Polymarket made a killing with suspiciously timed wagers that the United States would attack Iran by February 28, the day President Donald Trump announced a bombing campaign against the Middle East nation.

Bloomberg  reported that six accounts on Polymarket, all newly created this month, “made around $1 million in profit” by betting on the timing of the US attack on Iran. The accounts, according to Bloomberg, “had only ever placed bets on when US strikes might occur,” and “some of their shares were purchased, in some cases at roughly a dime apiece,........

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