Polymarket and Kalshi are under increased scrutiny as their prediction markets tied to U.S.-Israeli strikes on Iran draw ethical concerns and insider trading accusations.
Polymarket and Kalshi have been facing heightened scrutiny following the surge in trades on contracts related to potential U.S.-Israeli strikes on Iran. The platforms came under fire for what some see as unethical speculation, with calls for regulatory oversight. Kalshi's CEO Tarek Mansour responded by committing to fee refunds and dispute settlements, while both platforms face pressure to ensure fairness and transparency in light of insider trading concerns.