An Israeli Air Force officer holding the rank of major has been indicted for leaking highly classified information about the timing of Israeli strikes on Iran in June 2025 and using it to profit through betting, according to the Israeli newspaper Haaretz.
According to the report, the officer coordinated with an associate, providing him with sensitive details about the timing of military operations. The associate then placed wagers on the online prediction platform Polymarket, generating substantial profits estimated at around $244,000.
The indictment states that the officer continued to pass along confidential information up until shortly before the strikes were carried out, despite strict warnings to maintain secrecy. He reportedly encouraged his associate to increase the size of bets as the operation drew nearer. During the execution of the attack, the officer allegedly sent a message confirming that the operation had begun.
Haaretz reported that the associate shared limited details with a small circle of acquaintances while cautioning them against further disclosure. The two initially secured profits of approximately $162,000, which they agreed to divide at a later stage.
Leaks continued into earlier 2026
The activities did not stop there. The pair reportedly continued placing bets on security developments related to the operation, including the likelihood of its conclusion or potential US intervention. The leaks later extended to another operation in Yemen, allowing them to generate additional profits.
Following the conclusion of the war on Iran in June 2025, the associate transferred part of the proceeds to the officer using cryptocurrencies. The officer allegedly continued leaking information about possible escalations, prompting his associate to maintain betting activity into early 2026.
The newspaper added that once an account generating unusually high profits drew attention, both individuals began deleting messages, altering user information, and canceling some bets related to Iran.
The indictment emphasizes that leaking sensitive operational information for betting purposes posed significant risks to military missions and aircrews and could have caused severe damage to national security.
Polymarket users find suspiciously successful account
Suspicion first emerged in late February, when several newly created accounts placed large, precisely timed bets on an imminent strike against Iran, just hours before reports of military action surfaced. By March 1, 2026, analysts had identified unusually high returns from these wagers, with some accounts generating hundreds of thousands of dollars in profit.
In the following weeks, blockchain observers and researchers began tracking one standout account that consistently placed accurate, high-stakes bets on sensitive geopolitical events. By March 23, 2026, experts publicly raised concerns that the timing and scale of these trades suggested access to non-public or privileged information.
The scrutiny intensified on March 27, 2026, when further analysis revealed that certain accounts had amassed unusually large profits across multiple events, including military developments involving Iran. The pattern of near-perfect predictions and coordinated activity drew widespread attention, fueling allegations that some users may have been exploiting insider knowledge
Source:Websites
