Gardai and Regulators to Probe 'Suspicious Bets' on Dublin Central by-Election

Gardai and regulators to probe 'suspicious bets' on Dublin Central by-election

Simon Harris raised “grave concerns” around a “Wild West” of unregulated betting on the Polymarket platform, after reports highlighted a million dollars worth of betting on the outcome of the by-election - with hundreds of thousands of euro of that volume placed on Gerry “The Monk” Hutch not to win a seat

Officials to examine ‘suspicious bets’ on Dublin Central byelection, says Harris

There is no suggestion of wrongdoing on behalf of any candidate.

Ireland Investigating Suspicious Bets On Alleged Crime Boss In Election At Polymarket

Ireland's Finance Minister Simon Harris said he has asked officials to "do a deep dive analysis" into suspicious trading on election markets at Polymarket. Speaking at the Banking and Payments Federation conference in Dublin on Tuesday, Harris said prediction markets have become "a kind of Wild West where people are placing bets in the form of cryptocurrency in a secretive, murky and unregulated manner."Over $1 million has been traded on the Dub…