Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement

A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7.

NEW YORK(AP) — A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7, resulting in hundreds of thousands of dollars in profits for these new customers.

These bets were made even though, in the hours before a two-week ceasefire was announced on Tuesday, President Donald Trump’s rhetoric had escalated sharply and there were few signals that a ceasefire deal was

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