The Israeli government has announced the arrest and indictment of an IDF military reservist and a civilian withclassified clearances who placed bets regarding military operationson the popular Polymarket prediction market.
A joint statement by Shin Bet and the Israeli Police, which teamed up to conduct the investigation, said bets were made "based on classified information to which the reservists were exposedas part of their military duties."
Authorities have not confirmed details of the specific bets, but it followsKan Newsfirst reporting suspicions that officials within the defense ministry had leveraged classified information to profit on Polymarket.
At least one of the accused reportedly bet onthe timing of Israel's opening strike on Iranin last June's 12-day war. The indictments mention "serious security offenses" as well as bribery and obstruction of justice.
According to theTimes of Israel, one of the men netted about$150,000based on the insiderknowledge:
Last month, Kan said a user who went by the name ricosuave666 placed several bets in June 2025 with suspicious accuracy regarding Israeli military operations in Iran,wagering tens of thousands of dollars and making a profit of around $150,000.
While not identifying the men, the defense ministry and Israel Defense Forces (IDF) issued a lengthy statement.
"The defense establishment emphasizes that engaging in such betting activities, based on secret and classified information,poses a substantial security risk to IDF operations and to the security of the state," the statement indicated.
An IDF spokesperson continued, "The IDF views with utmost severity any act that endangers the security of the state, particularly the use of highly classified information for the purpose of personal gain."
The IDF called it a "grave ethical failure and a clear crossing of a red line," and indicated that "In response to the incident, measures have been taken and procedures will be reinforced across all IDF units to prevent similar cases from recurring."
Source: ZeroHedge News
