IDF Reservist and Civilian Charged in Alleged Polymarket Insider Betting

An Israeli defense reservist and a civilian face charges for allegedly leveraging classified military data to gamble on Polymarket, according to reports.

Israeli authorities have formally charged an IDF reservist along with a civilian in connection with claims of insider betting on Polymarket, a prediction market platform. Reports indicate that the pair is accused of utilizing confidential military insights to inform their betting strategies.

The allegations suggest that the reservist accessed restricted information and shared it with the civilian to place wagers on events on Polymarket. This case raises serious questions about the potential misuse of sensitive military data for personal profit.

The indictment has attracted considerable attention, highlighting the intersection of military operations and emerging technologies like cryptocurrency-based betting platforms.