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Hegseth bans Pentagon staff from betting on military action via prediction markets

NewsFeeds update

US Defense Secretary Pete Hegseth has barred Pentagon and defence agency personnel from using classified or non-public information to bet on upcoming military operations, including on Kalshi and Polymarket. The memo follows charges in April against US Army soldier Gannon Ken Van Dyke over alleged bets on Polymarket using secret information about the capture of Venezuela's Nicolás Maduro.

RegulationOdailyAIBearish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.