Bets on US-Iran ceasefire show signs of insider knowledge, say experts

New online accounts on Polymarket platform betting a total of $70,000 suggest ‘some degree of inside info’

Several accounts on the online platform Polymarket laid bets on a US-Iran ceasefire over the weekend that appeared to show signs of insider knowledge, according to experts.

Eight accounts, all newly created around 21 March, bet a total of nearly $70,000 (£52,000) on there being a ceasefire. They stand to make nearly $820,000 if a such a deal is reached before 31 March.