logo

An Israeli Air Force major has been accused of using confidential information to profit from trades on Polymarket

By: rootdata|2026/03/27 16:42:00
0
Share
copy
forceethcoinforceethcoin

According to the Times of Israel, a court in Tel Aviv revealed on Thursday that an Israeli Air Force reservist is suspected of using confidential information to profit from trading on Polymarket regarding last year's war between Israel and Iran.

The defendant, a former Air Force major, was charged last month along with his accomplice with serious security offenses, as well as bribery and obstruction of justice. They are suspected of trading on the timing of the first airstrike in the 12-day war initiated by Israel in June 2025. Authorities have not disclosed the identity of the suspects or the specific details of the trades. The case was initially protected by a court order, but on Thursday evening, after applications from several Hebrew media outlets, part of the order was lifted, allowing details of the case to be made public, although the names of the defendants remain undisclosed.

The two earned a total of $162,663 after successfully predicting events last June, and they agreed to split the money. Last month, prosecutors filed charges against the two in the Tel Aviv District Court and sought to detain them until the legal proceedings are concluded.

-- Price

--

You may also like

How to balance risk and return in DeFi yields?

Have these yields ever been reasonable? Have we ever received the compensation we deserve for the risks taken in DeFi, and where should the future spreads be set?

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Contents

Popular coins

Latest Crypto News

23:42

Trump spoke with the British Prime Minister, emphasizing the need to restore shipping in the Strait of Hormuz

According to Jinshi reports, U.S. President Trump spoke on the phone with British Prime Minister Starmer to discuss the current situation in the Middle East and emphasized the "urgent need to restore shipping in the Strait of Hormuz."The British side stated that the ongoing blockade for several week...
22:42

Data: If BTC falls below $74,149, the cumulative long liquidation intensity on major CEX will reach $984 million

According to Coinglass data, if BTC falls below $74,149, the cumulative long liquidation intensity on mainstream CEX will reach $984 million. Conversely, if BTC breaks above $81,349, the cumulative short liquidation intensity on mainstream CEX will reach $834 million.
22:42

Data: If ETH falls below $2,219, the cumulative long liquidation intensity on major CEXs will reach $657 million

According to Coinglass data, if ETH falls below $2,219, the cumulative long liquidation intensity on mainstream CEX will reach $657 million. Conversely, if ETH breaks above $2,431, the cumulative short liquidation intensity on mainstream CEX will reach $552 million.
22:42

Data: A suspected insider trading address opened a 5x leverage long position on 5.57 million LDO, approximately equivalent to 5.16 million USD

According to Lookonchain monitoring, a suspected insider trading address that previously made a profit of 2.27 million dollars in an APE trade is now going long on LDO.The address is using 2 wallets to go long on 5.57 million LDO (worth approximately 5.16 million dollars) with 5x leverage.
21:42

CryptoQuant: BTC stabilizing above $83,000 is key to market recovery

CryptoQuant analyst Axel Adler stated that after the release of market pressure in the spring, the selling pressure from short-term holders (STH) has significantly eased. The Bitcoin market repair is still ongoing, and the current price is close to the cost line of short-term holders. The key trigge...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com