Norwegian officials have launched an investigation into large bets placed on the Nobel Peace Prize via the prediction platform Polymarket. The unprecedented actions raise concerns about potential leaks in the selection process and highlight vulnerabilities in decentralized platforms like Polymarket. Nobel Institute Director Kristian Berg Harpviken and Nobel Committee member Jorgen Watne Frydnes acknowledged the gravity of the anomaly, suggesting it may have involved a criminal actor seeking financial gain from the information. Polymarket’s reputation has been significantly impacted by this incident, which has prompted analysts to examine their security protocols. This investigation also fuels ongoing discussions about data protection and transparency in prediction markets. The investigation highlights challenges in balancing market innovation with the preservation of integrity in areas like Nobel Prize betting.