I just came across some data about Polymarket that is quite alarming. It’s not just about a single case – everything points to a larger problem with insider trading, and military personnel seem to be involved.

It all started with the Green Beret case, but that was apparently just the tip of the iceberg. New analyses reveal patterns that strongly suggest systemic issues. Soldiers with access to sensitive information are using prediction markets like Polymarket to profit from it – and on a significant scale.

What surprises me the most: the amount of data supporting this. It’s not about isolated incidents but about systematic activities. People with military ranks and corresponding access to information are deliberately placing bets on geopolitical events before they become publicly known.

The question now is: how could this have gone unnoticed for so long? Polymarket supposedly has compliance mechanisms, but apparently they are not sufficient. Or was the problem simply ignored?

For the crypto community, this is an important wake-up call. Prediction markets are a fascinating concept, but if they become a playground for insider trading, it undermines their entire legitimacy. This will definitely lead to increased regulation – whether we want it or not.

The irony is that a Green Beret – a symbol of elite training and discipline – was at the start of this whole scandal series. Now it looks like that was just the beginning. Interesting times for the prediction market industry.