Published: Mar 06, 2026, 06:45 IST | Updated: Mar 06, 2026, 06:45 IST
A global controversy has erupted after users placed over $54 million in bets on whether Iran’s Supreme Leader Ali Khamenei would be removed from power on the prediction-market platform Kalshi. When Khamenei died following the US–Israel strikes, many traders believed they had won millions.
However, the platform froze payouts, citing rules that prohibit markets that directly profit from a person’s death. The dispute has triggered outrage among users and sparked a debate about betting on wars, assassinations and global political events.