Polymarket investigating suspicious bets on Israeli election

New York Times: The trades under investigation were placed by hundreds of new accounts, wagering that Prime Minister Benjamin Netanyahu and his Likud party would win the election. Those accounts placed their bets — on who would be prime minister and which party would win the most seats — just before polls closed in Israel on Tuesday.

A data analysis firm, Polysights, was among the first to flag the suspicious activity. “In the last 24 hours our tools picked up massive inflows of YES buys on fresh wallets,” the company posted on social media on Tuesday. “This is definitely worth investigating.”…

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