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At least 12 cryptocurrency wallets on prediction market platform Polymarket reportedly generated over $1 million in profits by trading on non-public information about ZachXBT's investigation. One trader converted a $0.14 bet into $411,000 gains before the investigation results were publicly disclosed. This incident highlights vulnerabilities in prediction markets designed to detect insider trading. The case raises concerns about market integrity in crypto derivatives and could impact regulatory scrutiny of decentralized trading platforms.
