Israelis arrested for alleged privileged negotiation in the Polymarket

[Ben Graham]

Two Israelis have been charged with severe security offenses for allegedly using classified military secrets to place bets on Polymarket.

Prosecutors claim an IDF reservist shared details about a sensitive planned attack on Iran to make accurate wagers on the popular crypto prediction platform.

DISCOVER: Learn how to trade safely with our Free Bitcoin Crash Course

The Allegations And Enforcement Response

IDF reservist accessed classified plans regarding a strike on Iran scheduled for June 2025. Authorities allege he passed this information to a civilian associate, who used it to place bets through a Polymarket account named “ricosuave666.”

The account reportedly generated approximately $150,000 in profit. The bets were so precise regarding the timeline of the conflict that they triggered a joint investigation by Shin Bet (Israel’s internal security service) and the police.

Insider who made $154,000 on Polymarket was arrested

The insider guessed 6 out of 7 bets 48 hours before the first rockets

Last bet gave him $128,736.79 (379.45%)

Shin Bet noticed this and started monitoring the account

An IDF reservist leaked classified operational data to a… pic.twitter.com/HPxdj3seTE

— Yanik (@TemsYanik) February 12, 2026

While crypto transactions on the blockchain are anonymous, investigators traced the leak through military communications. This incident highlights that surveillance extends far beyond the blockchain.

It mirrors how regulated platforms like Kalshi reportedly implement strict surveillance measures to detect manipulation in sports and political betting.

DISCOVER: Top Solana Meme Coins to Buy in 2026 

Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.

The post Israelis Arrested Over Alleged Insider Trading on Polymarket appeared first on 99Bitcoins.