Second Israeli Air Force Officer Arrested for Trading on Polymarket War Markets

Israeli authorities arrested a second Israeli Air Force officer for trading on Polymarket war markets. The case follows the February arrest of another officer and civilian Omar Ziv, according to reporting by Casino Beats. This latest officer faces breach of trust charges after placing bets himself and is not accused of sharing classified information.

The prior investigation began after the first officer claimed in court that “everyone in the force” gambles on prediction markets. A judge rejected the argument as irrelevant to the offenses and denied house arrest. The officer remains detained as inquiries continue.

First Case Triggered Wider Probe

In the initial matter, the unnamed officer passed details of a planned strike on Iran in June last year to Omar Ziv. Ziv used the information to generate over $160,000 in profits and shared tips with at least five others via WhatsApp, warning them to “keep quiet so we don’t go to jail.”

The first officer also faces charges for selling military secrets. Online speculation flagged Ziv’s account, prompting him to cancel positions and delete messages. Six accounts altogether produced more than $1.2 million from wagers tied to a strike that killed Ayatollah Ali Khamenei.

@PredictFolio posted verbatim: “7 months ago, a possible IDF insider \”ricosuave666\” predicted the exact day Israel would strike Iran and won $154K. He is now back on Polymarket and started buying a massive position on another Israel strike on Iran by Jan 31.”

@bubblemaps stated: “JUST IN: 🇮🇷 🇺🇸 Six suspected insiders made $1.2M betting on a US strike on Iran Most of these wallets: • were funded in the last 24h • specifically bet for February 28 • bought \”yes\” hours before the strike”

Volumes Persist Despite Arrests and Threats

Trading has continued on Polymarket’s international platform, which remains accessible in Israel. Users have wagered over $7 million on the total number of countries Israel will strike and $26 million on the length of the Israel-Iran ceasefire. Markets also cover potential strikes on Beirut and Yemen.

The U.S. introduced the DEATH BETS Act in March, yet Israeli officials have brought no action against the platform. Journalist Emanuel Fabian received death threats from users who claimed his Iran-strike reporting aimed to sway market outcomes.

The risk lies in the narrow gap between routine access to operational details and personal financial bets on those same events. Dismissal of the “everyone does it” claim has not halted the activity, leaving both military command and prediction market operators with unresolved exposure to repeated breaches.

Reporting: Casino Beats

Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.