After huge bets on the Iran strikes, do Polymarket and Kalshi face a trust crisis?

Suspiciously timed wagers and disputed payouts are fueling backlash against the booming platforms.

It’s a number that Donald Trump’s business-focused mind would surely be proud of: Nearly $530 million was wagered on Polymarket trying to predict the timing of when the United States and Israel would strike Iran. And at least half a dozen gamblers struck it rich after they lucked out.