Polymarket is turning human suffering into speculation:

Six anonymous accounts, most of them created on February 27, made over $1.2 MILLION on Polymarket by betting that the bombs would fall the next day. Just days ago, in the minutes before the U.S.–Iran ceasefire was announced, at least 50 brand-new accounts placed tens of thousands of dollars worth of highly specific bets that the violence would pause.

These trades have a similar profile; the accounts were created just moments before a critical world event. The bets were the only bets those accounts ever made. And each left their anonymous owners hundreds of thousands of dollars richer.

It all paints a deeply troubling picture that Polymarket is where powerful people can use their access to privileged information to turn a profit on matters of war and violence.

But we have a plan to stop these dangerous bets. Corporations respond when their reputations — and their bottom lines — are on the line. That’s why we’re partnering with 20 groups to sound the alarm and send a message directly to Shayne Coplan, Polymarket's CEO, to remind him that these bets come with a cost too high to bear. Because if enough of us speak out, we can create enough public pressure to force Polymarket to ban these corrupt markets.