Livemint EN

Are prediction markets rigged? Critics allege insider trading amid bets on Khamenei's death, large windfalls

Prediction markets, such as Kalshi and Polymarket, are faced with outrage for allowing bets on geopolitical world events, including the killing of Iran's Supreme Leader Ayatollah Ali Khamenei.&nbsp;

Mar 02, 2026 &03030202202631; 02:03 UTC www.livemint.com Trending 3/5

Read original on www.livemint.com ↗

↘

Negative for markets

Sentiment score: -60/100

Low impact Immediate effect (hours)

WHAT THIS MEANS

string

AI CONFIDENCE

70% High

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

⇅

Bitcoin

BTC-USDCrypto

High volatility expected

Increased regulatory concerns and loss of trust in crypto-based prediction markets like Polymarket.

PRICE HISTORY

Loading chart...

⚡ SUGGESTED ACTION

Exercise caution with crypto investments; consider hedging or reducing positions in volatile assets linked to prediction markets.

KEY SIGNALS

Allegations of insider trading in prediction marketsPotential regulatory scrutinyNegative sentiment towards speculative bets on geopolitical events

SECTORS INVOLVED

FintechCryptocurrency

Analysis generated on Mar 02, 2026 at 02:16 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Are prediction markets rigged? Critics allege insider trading amid bets on Khamenei's death, large windfalls

RELATED INTELLIGENCE