TREE NEWS reports: Polymarket is reviewing dozens of new wallets that placed well-timed bets on Benjamin Netanyahu and his Likud party shortly before polls closed in Israel’s Oct. 27 election, with some accounts having already cashed out over $100,000 combined. Hundreds of new accounts backed the Israeli prime minister and his party ahead of the vote.
Polymarket Reviews Dozens of New Wallets Behind Israel Election Bets
The pattern here — a wave of freshly created wallets clustering on the winning side just before polls closed — is the kind of signal prediction markets have struggled to police, since on-chain transparency exposes positioning but not intent. It matters most for Polymarket itself, whose credibility on political events depends on resolving whether this was informed conviction or access to non-public information. Whether the review produces a public finding, and whether similar wallet-creation patterns show up in future political markets, is the open question.
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