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Norwegian Officials Probe Suspicious Betting Activity on Polymarket Ahead of Nobel Peace Prize Announcement
Norwegian Officials Probe Suspicious Betting Activity on Polymarket Ahead of Nobel Peace Prize Announcement
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BTCCSquare news:
Norwegian authorities are investigating a potential leak of Nobel Peace Prize information after unusual betting patterns emerged on Polymarket. Three accounts collectively profited $90,000 from last-minute wagers on Venezuelan opposition leader Maria Corina Machado, whose odds surged from 3.6% to 70% hours before the announcement.
The case highlights growing scrutiny of prediction markets, with particular focus on possible insider trading. Polymarket, a decentralized platform, now faces questions about information integrity in high-profile event markets. The 2025 Nobel incident mirrors traditional financial market surveillance challenges, but with crypto-native twists.
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