Moulton criticizes Polymarket over Iran pilot bets

Summary

Polymarket removed a market on a U.S. pilot shot down over Iran after Rep. Seth Moulton criticized the listing.

Why this matters

The dispute highlights growing scrutiny of prediction markets as lawmakers question whether betting on wars and other sensitive events creates ethical and oversight concerns. It also underscores concerns about access to nonpublic information on such platforms.

Rep. Seth Moulton, D-Mass., criticized prediction platform Polymarket after it briefly hosted a market on when a U.S. pilot shot down over Iran would be found.

“They could be your neighbor, a friend, a family member,” Moulton wrote Friday on X. “And people are betting on whether or not they’ll be saved.”

Polymarket said it removed the market because it did not meet company standards.

“We took this market down immediately as it does not meet our integrity standards,” the company said in a statement on X. “It should not have been posted, and we are investigating how this slipped through our internal safeguards.”

A U.S. fighter jet was shot down over Iran on Friday, the first such incident since the Israeli-U.S. war on Iran began five weeks ago. One crew member was rescued after the crash. Information on whether other crew members were aboard, and their whereabouts, had not been released.

Moulton also said on X that Donald Trump Jr. is an investor in Polymarket, which could give him “access to intelligence that isn’t public yet.” Polymarket recently said it had added a tool to limit politicians from betting on certain markets to help prevent insider trading on the platform.

  • Russian strikes kill 4 in Ukraine; 1 dead in Rostov

    Diplomatic efforts to end Russia’s full-scale war in Ukraine, which began in February 2022, remained stalled.

    Full story +

  • Tesla Texas factory workforce fell 22% in 2025

    The decline came as Tesla recorded its second straight year of falling sales. At the same time, Tesla’s global workforce increased from 125,665 employees in 2024 to 134,785 in 2025, according to filings with the U.S. Securities and Exchange Commission.

    Full story +

  • Iran executes 2 convicted PMOI members

    In an April 2 statement, PMOI condemned the executions, calling them an attempt to suppress opposition. 

    Full story +

  • Iran, Iraq, Lebanon report deaths, damage in strikes

    Officials and media reported deaths, injuries, infrastructure damage, and shipping disruptions across Iran, Iraq, Lebanon, and the Gulf.

    Full story +

  • Parris Island protest targets immigration policy

    The protest followed changing public statements from federal officials and base representatives about security measures at the installation.

    Full story +

  • NC AG joins lawsuit over mail voting order

    Jackson said the order could lead to absentee ballots being rejected, particularly for active-duty service members who may be deployed close to an election.

    Full story +

  • Swansboro launches traffic unit, targets violations

    Swansboro police launched a traffic unit focused on violations and crash investigations, with school zones among its priorities.

    Full story +

  • Jacksonville man charged in fatal Maynard Boulevard stabbing

    Authorities said a 19-year-old Jacksonville man was charged after a fatal stabbing Friday on Maynard Boulevard.

    Full story +

  • Port Royal questions $1.3M apartment tax exemption

    State law allows a limited liability company that provides low- to moderate-income housing to qualify for a property tax exemption.

    Full story +

  • Artemis II crew passes midpoint en route to Moon

    NASA also released initial images taken from inside Orion, including a full view of Earth showing blue oceans and cloud cover.

    Full story +