India, Oct. 14 -- Amid the controversy over Maria Corina Machado's Nobel Peace Prize win, Norway has announced probe into the unusual betting surge on this year's recipient ahead of the announcement.

Hours before the announcement of the Nobel Peace Prize 2025 winner on October 10, bets on US-based cryptocurrency-based prediction market, Polymarket, spiked hours before it was revealed that the Venezuelan opposition leader was awarded the winner of the prestigious prize.

Days after her win, the Nobel institute has stated that the investigations into possible espionage is underway. Kristian Berg Harpviken, the director of the institute, said on Monday, that several leads are being investigation but "we haven't conclude the probe."

"The in...