The post Israeli Military Leak Linked to Profitable Polymarket Bets appeared on BitcoinEthereumNews.com.

BlockchainCrime Israeli authorities have indicted an Israel Defense Forces (IDF) reservist and a civilian accomplice for allegedly using classified military information to place bets on the decentralized prediction platform Polymarket. Key Takeaways An IDF reservist and civilian were indicted for allegedly placing insider bets on Polymarket using classified military information. The wagers reportedly centered on Israel’s June 2025 strikes on Iran, with estimated profits of approximately $150,000–$152,000. Authorities stated no operational harm occurred, but described the conduct as a severe security and ethical breach. The indictment, filed in Tel Aviv District Court in mid-February 2026, follows a joint investigation by Shin Bet, Israeli police and defense officials. Prosecutors allege that confidential information related to military operations was exploited to generate trading gains on geopolitical event markets, marking one of the first documented cases of alleged insider misuse of military intelligence within blockchain-based prediction platforms. From Military Briefings to Blockchain Markets According to the joint statement from security authorities, the reservist allegedly accessed classified intelligence through reserve service duties and shared it with a civilian partner. The information was then used to place wagers on Polymarket concerning the timing or likelihood of Israeli military actions. Insider Rundeep placed 6 bets on #Polymarket about Israel’s military actions. He won every time and made a total profit of $154K. Later, Israeli prosecutors charged a reservist and a civilian. They said the two used secret military information to place bets on Polymarket.… pic.twitter.com/D3hstRsgzC — Lookonchain (@lookonchain) February 13, 2026 The investigation reportedly focused on betting activity surrounding Israel’s June 2025 strikes on Iran, which preceded a 12-day escalation. Public blockchain data and media reporting highlighted an account, widely referred to as “ricosuave666” or a similar alias that earned an estimated $150,000 to $152,000 after taking positions on strike-related markets at relatively low implied probabilities…

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Filed under: News - @ February 13, 2026 7:26 pm