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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: Cracking Down on Corrupt Prediction Markets

Published | Video Starts at 00:09

This bill is about cracking down on one of the most dangerous new venues for government corruption, and that's in prediction markets. On the day before the Iran war, 150 accounts placed highly unusual bets on [Polymarket] that the war would start the next day. 109 of those accounts made over $10,000 betting on the war. 16 made over $100,000. And one person made nearly half a million dollars. (00:09–00:21)

CLAIM

Asserts that 150 accounts placed unusual bets on Polymarket predicting the start of the Iran war.

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