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Greg Casar: “On the day before the Iran war, 150 accounts placed highly…”

Featuring: Greg Casar, Democratic | U.S. House, Texas, District 35

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Congressman Greg Casar discusses The CPC's New Affordability Agenda at CFA's Consumer Assembly

Published | Video Starts at 07:10

Why is that? That is because there is rampant insider trading in these unregulated prediction markets. They're built for rampant insider trading. On the day before the Iran war, 150 accounts placed highly unusual bets on polymarket. saying that the war was going to start the next day. Over 100 of these accounts made $10,000 betting on the war. 16 made $100,000. One person made about half a million dollars. (07:10–07:19)

CLAIM

Asserts that 150 accounts made unusual bets on polymarket before the Iran war.

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