Norwegian Authorities Investigate Massive Polymarket Bets on Nobel Peace Prize Winner
Norwegian officials are digging into suspicious prediction market activity surrounding this year's Nobel Peace Prize winner.
The Investigation Unfolds
Massive bets appeared on Polymarket just before the announcement—timing that's raising eyebrows across regulatory circles. Norwegian financial watchdogs are now tracing the digital breadcrumbs through blockchain ledgers.
Prediction Markets Under Scrutiny
Polymarket's decentralized platform allows users to bet on real-world outcomes using cryptocurrency. The platform saw unusually large positions on the eventual winner days before the official reveal. Now investigators want to know if someone had inside information.
Traditional finance regulators still can't wrap their heads around decentralized prediction markets—meanwhile, the smart money's already moved on to the next big thing.
