torched Polymarket, a Donald Trump Jr. backed prediction market platform, on Friday for briefly allowing bettors to put their money on the fate of one of the two American pilots shot down over Iran. In the wake of the plane being shot down, bettors on Polymarket — where users can put their money on almost everything news-related from pop culture to politics — were able to place wagers on when the pilot would be rescued. Moulton, who banned his staff from participating in prediction market betting last month, warns that the markets have “become a playground for corrupt insiders who are able to place bets on things like election outcomes, wars, and even the deaths of public figures.”
Author: HuffPost
Published at: 2026-04-04 20:26:23
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