Betting on War? Chris Murphy Moves to Crack Down on Prediction Markets After Iran Strike Contracts Spike
As millions flowed into platforms like Polymarket and Kalshi following the Iran strike, lawmakers are asking whether geopolitical betting is market innovation — or moral failure. When news of U.S. strikes on Iran broke on February 28, 2026, traders weren’t just watching cable news — they were placing bets. Within hours, prediction markets lit up … Read more