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Pentagon Bans Military Insider Trading on Polymarket, Kalshi After $400K Betting Scandal

News.Bitcoin.com
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Pentagon Bans Military Insider Trading on Polymarket, Kalshi After $400K Betting Scandal

Defense Secretary Pete Hegseth has prohibited U.S. military personnel and Pentagon employees from using nonpublic information to trade on prediction markets, warning that bets on military operations could expose sensitive intelligence to American adversaries and endanger troops. Military Makes Insider Trading Ban Official The directive follows the prosecution of a Special Forces soldier accused of […]

Key Takeaways

  1. Defense Secretary Pete Hegseth has prohibited U.S.
  2. military personnel and Pentagon employees from using nonpublic information to trade on prediction markets, warning that bets on military operations could expose sensitive intelligence to American adversaries and endanger troops.
  3. Military Makes Insider Trading Ban Official The directive follows the prosecution of a Special Forces soldier accused of […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.