Two Israelis have been charged with using classified information to make bets about the nation’s military operations on Polymarket.
Prosecutors have alleged the army reservist accessed classified information about Israel’s planned attack on Iran in June 2025, and then shared it with the civilian to place multiple Polymarket bets.
Most identifying details about the case’s defendants remain classified, but prosecutors claim the pair are not senior officials in any military or government body.
One of the defendants’ attorneys, however, referred to their client as “a highly regarded individual who has made a significant contribution to Israel’s security.” The attorney claimed the charges are “improper” and constitute “selective enforcement.”
A joint statement on the case from Shin Bet, Israel’s counterintelligence agency, and the Israel Police, referred to the arrest of “several suspects” and multiple “reservists” in connection to insider Polymarket trades on the nation’s military activity. No further cases have yet been made public, however.
The agencies said the Polymarket bets pose “a real security risk to IDF operations and to the security of the state” and are viewed by the Israeli government “with utmost severity.”
Polymarket did not immediately respond to Decrypt’s request for comment regarding the arrests, or whether the alleged trading in question violated the platform’s terms of service.
