🔬 Science 9h ago · Joe Wilkins

The US Military Just Arrested One of Its Soldiers for Making Ghoulish Polymarket Bets, and It Shows How Deep the Moral Rot of Prediction Markets Really Goes

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The US Military Just Arrested One of Its Soldiers for Making Ghoulish Polymarket Bets, and It Shows How Deep the Moral Rot of Prediction Markets Really Goes
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Amid the carnage as the United States invaded Venezuela earlier this year, millions of dollars furiously changed hands on Polymarket — resulting in massive financial windfalls that immediately spurred allegations of insider trading.



One anonymous bettor in particular made out like a bandit, netting some $410,000 in winnings on extremely well-timed bets that Venezuelan president Nicolás Maduro would be “out” and that the US military would “show up in Venezuela” by Janua

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