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Norwegian Officials Probe Major Polymarket Bets on Nobel Peace Winner

Norwegian officials are investigating a potential leak related to the Nobel Peace Prize after significant bets were placed on Polymarket just hours before the winner was announced. A trader, with a recently created account and no previous betting history, placed a $70,000 bet on Venezuelan opposition leader Maria Corina Machado winning the prize. Following the announcement, this trader made a profit of about $30,000. The spike in betting patterns raised concerns among officials, prompting the Norwegian Nobel Institute to review the situation. They suspect foul play, with Kristian Berg Harpviken, the director of the institute, indicating that they may have fallen victim to a criminal act aimed at profiting from insider information. The Nobel committee had reportedly made their decision days prior to the public announcement, emphasizing the secrecy surrounding the selection process.

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