An Israeli civilian and an Israel Defense Forces (IDF) reservist have been indicted for allegedly using unauthorized military information to place bets on the cryptocurrency prediction platform Polymarket. The charges, filed at the Tel Aviv District Court, claim the two exploited sensitive wartime intelligence to profit from wagers linked to Israeli military operations in Iran in June 2025. A joint operation by Israeli security agencies led to their arrest.
An Israeli civilian and an Israel Defense Forces reservist face charges for using classified military information to gamble on Polymarket. The indictment was filed at the Tel Aviv District Court on Monday.
Authorities allege the two exploited sensitive ‘wartime intelligence’ to profit from wagers on Israeli military operations in Iran in June 2025. The case began after reports suggested insider information was used to predict markets tied to national security events.
The court stated the trades raised serious operational-security concerns during active conflict. Officials said the suspects’ actions threatened military secrecy and public trust.
A strict silence order was initially placed on the investigation. The court later lifted the order, allowing a prosecution-approved summary of the allegations to be published.
A joint operation involving the Shin Bet, a Defense Ministry investigative unit, and the Israel Police led to the arrests. Investigators believe a reservist used secret information acquired during service to gamble on the timing of attacks.
Prosecutors said evidence links both individuals to the alleged scheme. They plan to charge them with serious security offenses, including bribery and obstruction of justice.
Authorities have not disclosed details about the defendants, the exact wagers, or how information was obtained. This highlights the legal restrictions involved in the sensitive case.
