Two Israelis have been charged with severe security offenses for allegedly using classified military secrets to place bets on Polymarket.

Prosecutors claim an IDF reservist shared details about a sensitive planned attack on Iran to make accurate wagers on the popular crypto prediction platform.

DISCOVER: Learn how to trade safely with our Free Bitcoin Crash Course

The Allegations And Enforcement Response

IDF reservist accessed classified plans regarding a strike on Iran scheduled for June 2025. Authorities allege he passed this information to a civilian associate, who used it to place bets through a Polymarket account named “ricosuave666.”

The account reportedly generated approximately $150,000 in profit. The bets were so precise regarding the timeline of the conflict that they triggered a joint investigation by Shin Bet (Israel’s internal security service) and the police.

While crypto transactions on the blockchain are anonymous, investigators traced the leak through military communications. This incident highlights that surveillance extends far beyond the blockchain.

It mirrors how regulated platforms like Kalshi reportedly implement strict surveillance measures to detect manipulation in sports and political betting.

DISCOVER: Top Solana Meme Coins to Buy in 2026 

Follow 99Bitcoins on X For the Latest Market Updates and Subscribe on YouTube For Daily Expert Market Analysis.

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Ahmed Balaha
Ahmed Balaha
Crypto Journalist

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. He has a strong interest in financial literacy and sustainable investing, and he combines these... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

Secure, Seamless, Smart — Join the Future of Crypto with BestWallet

  • No KYC
  • Trade & Swap Directly In the Wallet
  • Built-in Crypto Presale Launchpad
Secure, Seamless, Smart — Join the Future of Crypto with BestWallet
Back to top