Pentagon Bans US Forces From Using Military Info on Prediction Markets
Pete Hegseth barred Pentagon personnel from placing bets using nonpublic military information following an alleged insider trading case.
The Pentagon has barred military personnel from using nonpublic information to place wagers in prediction markets, according to a report by Cointelegraph. The restriction follows an alleged $400,000 insider trading case involving the Polymarket platform.
Operational Security Risks
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According to Cointelegraph, officials warned that prediction market wagers utilizing confidential data could expose ongoing military operations and sensitive intelligence to external adversaries.
Key facts
- Pete Hegseth barred Pentagon personnel from using nonpublic military info for betting
- The action follows an alleged $400,000 insider trading case on Polymarket
- Officials noted wagers could expose military operations to adversaries
Source: cointelegraph.com
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