Overview
- Prediction markets are facing a backlash over wagers being placed on the Iran war.
- Polymarket recently archived markets that had allowed bets on the timing of a nuclear detonation, after the contracts attracted hundreds of thousands of dollars and some public backlash.
- CEO Shayne Coplan has called it a “complicated question,” but defended prediction markets being “innovative and disruptive.”
Source: https://www.cnbc.com/2026/03/09/prediction-markets-wagers-bets-iran-war-kalshi-polymarket.html