Pete Hegseth bans use of prediction markets to bet on military operations
Secretary of Defense Pete Hegseth has banned military personnel from using non-public information to bet on U.S. military operations through prediction markets like Polymarket or Kalshi.
TL;DR
- Military personnel are banned from using non-public information to bet on U.S. military operations.
- The ban applies to prediction markets like Polymarket and Kalshi.
- The directive was issued by Secretary of Defense Pete Hegseth.