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Israeli prosecutors charge reservist over Polymarket bets using classified information

Enforcement & compliance

Israeli prosecutors indicted an air force reservist and a civilian on charges including security offences, bribery and obstruction, alleging they used confidential information to bet on Polymarket. The report says the pair shared winnings of more than $160,000; the Israel Defense Forces said no operational harm was caused.

The case puts prediction-market trading, classified information and military conduct under criminal scrutiny in Israel.

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Enforcement & compliance

DGOJ opens sanction files against Polymarket and Kalshi over prediction markets

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites for allegedly operating without the required authorisation. The regulator treats risking money on uncertain future events as gambling under Spanish law, and Jdigital backed the block.

Spain's DGOJ opened sanction proceedings against Polymarket and Kalshi on 26 May and ordered a precautionary block of their websites, according to a report. The regulator said the platforms were allegedly operating without the necessary administrative authorisation. The DGOJ considers that when users risk money on uncertain future events, the activity is gambling subject to Spanish law.

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