Crypto and risk assets rally as the dollar retreats following comments from Donald Trump suggesting the conflict in Iran may end soon, …
Iran
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Markets
How the war in Iran and trader positioning could be behind the surge in Circle's stock
by shayaanby shayaanShares were up another 9.7% on Monday, bringing them nearly to double over the past month. www.coindesk.com
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Prediction market platform Kalshi faces a proposed class action from traders who say the exchange should have paid out bets tied to …
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Crypto exchange pushed back on $1.7 billion Iran-linked flow allegations and called media reports behind the probe “defamatory.” www.coindesk.com
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Scams
Binance Denies $1.7 Billion in Iran Sanctions Violations Amid US Senate Probe
by shayaanby shayaanIn brief Binance denied violating Iran sanctions with more than $1.7 billion in transactions in a new letter to Senator Blumenthal. The …
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Scams
Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader’s Death
by shayaanby shayaanIn brief Kalshi is facing a lawsuit in California over its resolution of a market related to the former Iranian leader. The …
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Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed …
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Scams
Nigel Farage Confidant Linked to $550K Loss On Iran Strike Polymarket Bet: Report
by shayaanby shayaanIn brief An account bearing George Cottrell’s name appeared to lose $550k on an Iran strike bet. An additional $125k loss was …
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Israel’s Finance Ministry has put a weekly price tag on the country’s widening war with Iran, estimating that the economy could take …
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Scams
Senator Flags White House ‘Corruption’ Concerns Over Iran War Predictions Markets
by shayaanby shayaanIn brief Senator Chris Murphy has alleged people with White House access placed six-figure predictions market bets the day before the U.S. …