politics
April 4, 2026
Polymarket removes wagers on U.S. service member rescue mission in Iran
Rep. Seth Moulton, D-Mass., called the market "DISGUSTING" and said bettors were wagering on whether American troops would be saved.
TL;DR
- Polymarket removed a betting market on the rescue of U.S. airmen after Congressman Seth Moulton denounced it.
- Moulton called the market "DISGUSTING" and expressed concern over individuals betting on the safety of military personnel.
- Polymarket stated the market was removed for not meeting integrity standards and was an oversight.
- Moulton criticized the lack of regulation by the Commodity Futures Trading Commission (CFTC) and called for legislative action.
- Moulton previously banned his staff from using prediction market platforms and suggested Donald Trump Jr. is an investor.
- Other legislative efforts and calls for regulation are underway, including a bill to bar wagers on elections and government actions, and a push for the CFTC to prohibit contracts related to death.
- The CFTC has filed lawsuits against states over prediction market regulation, and the NFL has requested operators remove "objectionable bets."
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