An Israeli military reservist and a civilian were indicted this week for using classified information to place bets regarding military operations on the popular Polymarket prediction market, authorities announced on Thursday.

The investigation, conducted jointly by the Director of Security of the Defense Establishment, the Shin Bet domestic security agency and the Israel Police, led to the arrest of several suspects — including reservists — who allegedly placed bets on Polymarket “based on classified information to which the reservists were exposed by virtue of their military roles,” a joint statement said.

The reveal comes weeks after Kan news reported that security agencies were investigating suspicions that individuals within the defense establishment had used classified information to place bets on Polymarket, including on the timing of Israel’s opening strike on Iran in June 2025’s 12-day war.

Authorities did not release any information on Thursday on the nature of the bets.

They said indictments had been filed on Monday against one reservist and one civilian for “severe security offenses,” as well as bribery and obstruction of justice. Prosecutors have requested that the suspects be kept in detention until the end of the legal proceedings.

Further details surrounding the case........

© The Times of Israel