I'm John Batchler. I welcome Josh Rogan of the Washington Post and read from his most recent article about

polymarkets and war fighting. On the night of February 27th to 2026, the day before the U.S. and

Israel launched strikes on Iran, an unusual influx of approximately 150 accounts on Pollymarket's global

platform placed bets that the U.S.

would strike Iran the next day.

Analytics from bubble maps separately identified six accounts that made a combined

1.2 million on polymarket betting on the strikes and their outcome.

I'll stop there because it did happen the next day,

and those who bet on it won something. But, Josh, a very good evening to you. This story

has been floating around in the news, and I haven't paid that much attention to it because I thought

it was just gossip and talk. It looks like, according to your story, with charts and diagrams and numbers, it's big

business. Is this entirely new? Has this ever happened before? Good evening to you, Josh.

Well, good evening, John. Well, there's always been insider trading in the stock markets and any

markets, but the prediction markets are just rife with it because they're so lightly regulated

and often the traders

are anonymous and because you can create your own contracts, you can set yourself up for insider

trades that you can then profit from in many cases. And now that this has become intertwined

with our national security decision making, it's become a huge

problem and a huge issue. And at first, it really popped out into the public attention the night

before President Trump kidnapped Venezuelan President Nicholas Maduro. And some trader,

who was later identified as a U.S. Army Special

Forces Sergeant, made a series of bets on the timing of that raid that turned $34,000 into

...