Dossier
Truth Predict
Coverage of Truth Predict in the Nexus archive.
- Trump Media Scales Back Plans for Its Own Prediction Market
The Trump family's plans for Truth Predict, a prediction market, have been scaled back. The project was intended to be a significant venture into prediction markets. The scaling back of plans indicates a more cautious approach.
- Trump threats against Iran are a boon for prediction markets, including some backed by his son
Trump's unpredictable policies and statements, particularly regarding Iran, are driving high-volume betting on prediction markets like Polymarket and Kalshi, which are backed or advised by his son, Donald Trump Jr. These markets profit from uncertainty around Trump's actions, with over $100 million wagered on Iran-related events in April 2026.