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Defense Secretary Hegseth bars Pentagon personnel from trading on nonpublic information on Polymarket and Kalshi in October 20 memo, DefenseScoop reports
- Defense Secretary Hegseth bars Pentagon personnel from trading on nonpublic information on Polymarket and Kalshi in October 20 memo, DefenseScoop reports — DefenseScoop reported a one-page memo dated October 20 from Defense Secretary Pete Hegseth bars Pentagon and military personnel from using nonpublic government information, classified or unclassified, on betting platforms and prediction markets including Polymarket and Kalshi, with violations facing disciplinary or criminal action. The memo, which says trades on military outcomes create a signal hostile intelligence services can exploit, follows the April charges against Master Sgt. Gannon Ken Van Dyke, accused of making about 409,881 dollars on Polymarket from classified information about the Maduro capture operation; he has pleaded not guilty. (DefenseScoop)
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