ChainCatcher reports that, according to The Block, Israeli prosecutors have filed charges against an Israeli Defense Forces reservist and a civilian, accusing them of using military intelligence to place bets on the blockchain-based prediction market platform Polymarket.
Prosecutors allege that the reservist obtained sensitive operational intelligence through his military position and shared this information with the civilian, who then used it to bet on events related to military operations on Polymarket.
The Tel Aviv District Court, at the request of the National Prosecutor’s Office Cyber Department, has lifted the injunction. The suspects were arrested during a joint operation involving the Israel Internal Security Agency, police, and the Defense Ministry Security Investigation Department. Both defendants are charged with serious security-related crimes, bribery, and obstruction of justice.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Encourage innovation! A U.S. judge bars Arizona’s regulation of prediction markets, and pauses the prosecution of Kalshi
A U.S. federal district court ruled to block Arizona from suing the prediction market platform Kalshi under its gambling laws, finding that the federal Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in regulating financial markets. Kalshi has insisted that its business is a financial product rather than traditional gambling. Rulings by different states on prediction markets have varied, and the Trump family has also expressed support for prediction markets.
CryptoCity10m ago
New Wallet Bets $40K on Trump Iran Ceasefire Announcement, Down 85%
Gate News message, a newly created wallet named "bullseye123" spent $40K betting that Trump will announce the end of the US-Iran ceasefire by April 15 or April 18. The wallet holder is currently down $34K, representing an 85% loss on the position.
GateNews1h ago
Encourage innovation! U.S. judges ban Arizona’s regulation of prediction markets and halt the prosecution of Kalshi
A U.S. federal district court ruled that Arizona is barred from using gambling laws to prosecute the prediction market platform Kalshi, finding that the Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in regulating financial markets, while Kalshi insists its business falls under financial products rather than traditional gambling. Rulings on prediction markets vary from state to state, and the Trump family has also expressed support for prediction markets.
CryptoCity3h ago
Y Combinator completes its first funding round using a stablecoin, paying Totalis $500k in USDC
Y Combinator makes its first fully stablecoin investment through the Solana network, paying Totalis, a prediction-market startup, $500k in USDC, and plans to open up stablecoin payment options for all supported startups. Totalis will use the platform to execute stablecoin-to-fiat trades.
GateNews3h ago
Prediction platform Kalshi previews a new product on April 27; the community speculates it may introduce a perpetual prediction market
Gate News message. On April 14, the prediction platform Kalshi released a video teaser, announcing that it will launch a new product on April 27. The video shows a green spiral gradually forming an everlasting ring, finally displaying the words "Timeless" (eternal). The community speculates that this update may be introducing an open-ended perpetual prediction market without an expiration date, breaking through the existing time-limit constraints of Kalshi’s event contracts, and improving trading flexibility.
GateNews3h ago
2028 U.S. election forecast: Vice President approval hits a new low, and Vance still maintains a slim lead
The 2028 U.S. election prediction market has opened, and although Vice President JD Vance’s approval rating has fallen to a historical low, he still remains in first place on major platforms. Vance’s net approval rating has dropped to -18%, influenced by factors such as inflation and oil prices. The trading volume on Polymarket and Kalshi shows that competition is still intense. Analysts believe poll data may be volatile, and the situation remains unclear.
MarketWhisper5h ago
