Polymarket is once again back in the headlines for offering war markets, this time for taking bets on whether or not US pilots would be rescued after being shot down in Iran.
The markets, which have since been deleted, allowed users to wager on which day the pilots would be rescued.
However, these drew immediate attention from Democratic Rep. Seth Moulton, a Marine Corps combat veteran representing Massachusetts.
Moulton wrote on social media: “There is an ongoing search and rescue operation for a missing American service member whose plane was shot down over Iran. Their safety is unknown.
“They could be your neighbor, a friend, a family member. And people are betting on whether or not they'll be saved.
“This is DISGUSTING.
“Quick reminder too that @DonaldJTrumpJr is an investor in this dystopian death market and may have access to intelligence that isn't public yet.”
The operator has recently aroused suspicion of facilitating insider trading following trades on the Venezuelan President and strikes in Iran.
Polymarket quickly responded, saying: “We took this market down immediately as it does not meet our integrity standards.
“It should not have been posted, and we are investigating how this slipped through our internal safeguards.”
However, there are still dozens of war markets available on Polymarket, with Iran even having its own subheading at the top of the website.
This development also follows Polymarket’s announcement that it would launch a ‘Situation Room’ bar that would allow users to flock to a venue and monitor global situations in person.
Polymarket CEO, Shayne Coplan, also defended offering war markets last month, arguing they had a practical use.
Argentina is the latest country to outright ban Polymarket
