Posted by jacque on March 3, 2026, 12:23 am Valued Poster
jacque: found this on SM this is the gist of it. Verifiable with some of the terms and names used. ——
How is this legal?? Someone just made a fortune betting on the exact date the U.S. would bomb Iran, placing their wagers hours before the first missiles hit Tehran, on a platform where Donald Trump Jr. sits on the advisory board.
Six freshly created Polymarket accounts raked in roughly $1 million in profit by betting the U.S. would strike Iran by February 28, the precise day Trump launched his bombing campaign. Most of these wallets were funded within 24 hours of the attack and purchased shares for about a dime apiece just hours before explosions lit up Tehran.
One account called “Magamyman” turned an $87,000 wager into over half a million dollars.
Now here’s where it gets filthy. Donald Trump Jr. sits on Polymarket’s advisory board, and his firm 1789 Capital poured a major investment into the platform last year. That investment was valued in the double-digit millions . Meanwhile, the Trump administration shut down both the DOJ and CFTC investigations into Polymarket that had been opened under Biden.
So to recap: The president’s son advises and profits from a betting platform where anonymous users with apparent insider knowledge of military operations are cashing in on war. And the cops assigned to watch that platform? Sent home.
Senator Chris Murphy called it out plainly and is pushing legislation to ban this. Rep. Ritchie Torres has already introduced a bill that would bar federal officials from trading on prediction markets tied to government policy . Even TMZ reported that people at a DC restaurant were openly discussing the Iran bombing hours before it happened.
This isn’t a prediction market. It’s a war profiteering machine with a crypto veneer, and the Trump orbit built themselves a front-row seat. A Jack of all trades is master of none, but oftentimes better than a master of one.
... And many thanks for the masters in skill for setting our standard of work to instill.
Betting houses will take bets on practically anything.
I loved it in England a few years back, when they put up odds of 5000-1 against Leicester City winning the Premier league.
Then they won it.
Not a lot of bettors, but there’s always someone willing to put a fiver or tenner down on that. They were trying desperately by March to buy out some of the worse ones they stood to lose! SAY ‘NO’ TO WAR! RESIST!
Yeah, but there's an enormous difference if someone knows one horse will die running
The trump family was involved in the bet happening, anonymously bet on the date, got it right (of course) and made millions on the deaths of thousands they KNEW were going to die.
Betting on something insignificant like a horse race or the date a flower will open is not the same at all.
This as illegal as insider trading, only actually evil.
on March 3, 2026, 12:23 am
