Polymarket Bettors in Limbo as Khamenei’s Time of Death Debated

Polymarket users are stuck waiting for a definitive answer to the question: Was Ayatollah Ali Khamenei “out” as supreme leader of Iran by Feb. 28?

With the Iran war now in its fourth day, the prediction markets platform has still not paid out users who took either the “yes” or “no” side of that proposition. Attempts to resolve the contract have faced pushback, with payouts on hold as traders wrangle over the attack timeline in a last-ditch effort to protect profits.

Traders have wagered more than $115 million on the Khamenei contract since mid-January, with Polymarket’s rules stating that Khamenei ...