this post was submitted on 23 Mar 2026
106 points (99.1% liked)

News

36714 readers
3299 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

New online accounts on Polymarket platform betting a total of $70,000 suggest ‘some degree of inside info’

Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts.

Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to make nearly $820,000 if such a deal is reached before 31 March.

An account that made the same bet was created shortly before the US struck Iran on 28 February. It also placed a winning bet on those strikes, which raised similar questions around insider trading, and so far has bet on nothing else.

The new accounts all appear to have been created late last week, around the time when the US president, Donald Trump, appeared to first double down on war with Iran, then suggest in an after-markets Truth Social post that he was considering “winding down” military operations.

top 5 comments
sorted by: hot top controversial new old
[–] dreksob@feddit.online 6 points 58 minutes ago (1 children)

Wait, you mean the proudly corrupt conservative government is being corrupt on a betting platform while callously playing with the lives of the American soldiers they have so much contempt for?

Im shocked, shocked I tell you

[–] Lost_My_Mind@lemmy.world 1 points 38 minutes ago

Well......not that shocked actually.

[–] FaceDeer@fedia.io 12 points 2 hours ago

This is exactly as designed. The whole point of a prediction market is to encourage people who are knowledgeable about a subject to expose that knowledge in the form of bets. We should want people with inside information to be doing this to make the predictions more accurate.

If you don't have inside information or special knowledge then you probably shouldn't be gambling like that yourself. It'd be like buying stocks on the stock market without knowing anything about the industries the stocks are from.

[–] HazardousBanjo@lemmy.world 18 points 3 hours ago (1 children)

I'm curious as to how tf Polymarket determine if there's a ceasefire.

Is it "Trump said there's one so thus there is one"?

Iran's foreign minister literally just said there's been zero dialogue between the US and Iran, and Iran can't trust any US deal because they've been broken EVERY SINGLE FUCKING TIME. And there's no way Iran is gonna give its attackers time to reload when Iran has the advantage.

I take this as a far more worrying sign that these assholes are insiders and are so insanely fucking stupid that they genuinely believe they're winning.

[–] kate@lemmy.uhhoh.com 5 points 1 hour ago

spoilerThis market will resolve to “Yes” if there is an official ceasefire agreement, defined as a publicly announced and mutually agreed halt in direct military engagement, between the United States and Iran by the listed date, 11:59 PM ET.

For the purposes of this market, an “official ceasefire agreement” requires clear public confirmation from both the United States government and the government of Iran that they have agreed to halt military hostilities against one another.

If the agreement is officially reached before the resolution date, this market will resolve to “Yes,” regardless of whether the ceasefire officially takes effect after the resolution date.

Any form of informal understanding, backchannel communication, de-escalation without an announced agreement, or unilateral pause in hostilities will not be considered an official ceasefire. Humanitarian pauses, limited operational pauses, or temporary tactical stand-downs will not count toward the resolution of this market.

A broader peace deal, normalization agreement, or political framework will qualify only if it includes a publicly announced and mutually agreed halt in military engagement between the United States and Iran, effective on a specified date, or otherwise confirmed by an overwhelming consensus of credible reporting. Agreements that outline future negotiations or de-escalation measures without an explicit, dated commitment to stop fighting will not qualify.

This market’s resolution will be based on official statements from the United States government and the government of Iran. However, a wide consensus of credible media reporting confirming that an official ceasefire agreement has been reached will suffice.

https://polymarket.com/event/us-x-iran-ceasefire-by