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Polymarket reviews dozens of wallets behind well-timed Israel election bets

Polymarket reviews dozens of wallets behind well-timed Israel election bets
AI summary

Polymarket is reviewing dozens of new wallets that placed well-timed bets on Israel's election, according to a Bloomberg report. Hundreds of accounts backed Netanyahu and Likud shortly before polls closed on Oct. 27, and some have already cashed out over $100,000 combined. The scrutiny raises integrity questions for prediction markets, a sector crypto traders watch as a gauge of decentralized betting demand.

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