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Prediction markets face scrutiny after bets on Iran leader's fate

  • Prediction markets face scrutiny after bets on Iran leader's fate — Kalshi and Polymarket are facing political backlash after traders speculated on whether Iran's Supreme Leader Ali Khamenei would leave office around the time of a reported strike, with blockchain analysts flagging clusters of large bets placed shortly before the attack. Members of Congress are signaling plans to push for tighter rules on markets tied to violent geopolitical outcomes, while Trump administration officials rejected claims that insiders benefited. (GambleRss)

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