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