Polymarket Ignores Insider Trading Concerns as AI Clone Conspiracy Theory Sparks Prediction Market
A prediction market on Polymarket centered around a conspiracy theory that Israeli Prime Minister Benjamin Netanyahu had been replaced by an AI clone saw a large bet placed by an account named dududududu22. The bet, worth over $177,000, was placed at 4.7 cents, suggesting significant confidence in the “Yes” outcome, despite its high risk. The bet’s value would be substantial if successful, potentially yielding $3,779,000 for the user. However, Polymarket, the platform facilitating this bet, has stated that it does not allow bets based on insider information or material non-public information, regardless of the source.