Crypto prediction markets are turning into dangerous national security risks, and Congress wants to ban them

coindesk
2026.05.21 15:45
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Analysts at Bubblemaps highlight that 80 precise bets on U.S. military actions against Iran on Polymarket could reveal sensitive war plans, posing national security risks. This has prompted lawmakers to propose the DEATH BETS Act to ban such contracts. Meanwhile, Polymarket claims to enhance oversight with Chainalysis, denying insider trading and employing AI and blockchain forensics to monitor activities.