A Polymarket user is alleged to have earned $35,000 after exploiting unusual temperature spikes recorded at Paris airport, triggering a police probe into whether the readings were physically tampered with. Authorities are investigating despite speculation around deliberate interference, spotlighting a bigger worry: manipulation risks in prediction-based betting markets.
Authorities have arrested a special forces soldier accused of using classified government information to place a wager on Polymarket, the prediction platform. Prosecutors allege the bet was tied to an operation involving Venezuela’s President Nicolas Maduro, and that the soldier could have profited up to $400,000 by acting on information not meant for public markets.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
A US Army soldier, Gannon Ken Van Dyke, has been arrested after authorities accused him of using confidential military mission details to place bets on Polymarket. Reports claim he profited massively before the information became public, raising concerns about misuse of classified data and the growing risk of insider betting tied to real-world events.
Prediction markets platform Polymarket is reportedly in talks to raise about $400 million at a $15 billion valuation, following a $600 million commitment from Intercontinental Exchange, the NYSE parent. With event-based trading drawing increasing momentum, the company is seeking additional strategic investors that could push the total funding round toward $1 billion.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
