$700M in Iran war bets and $1.2M in suspicious profits push Washington toward prediction-market crackdown
Polymarket and Kalshi try to lift cash at valuations that put them in the highest tier of consumer-fintech names, whilst Washington strikes nearer to writing new guidelines for the product they promote. Both corporations are reportedly in early fundraising talks that would worth every at round $20 billion. That fundraising chatter is happening in the…
