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Pentagon bars personnel from using nonpublic information to trade on prediction markets including Polymarket and Kalshi, Military Times reports
- Pentagon bars personnel from using nonpublic information to trade on prediction markets including Polymarket and Kalshi, Military Times reports — Military Times reported a memo signed by Defense Secretary Pete Hegseth prohibits all Defense Department personnel from engaging in financial transactions using nonpublic information, directly or through a third party, with the ban extending to prediction markets and naming Polymarket and Kalshi as examples. Violations can bring administrative, disciplinary or criminal action under the Uniform Code of Military Justice or federal law, and the Pentagon said trades on military outcomes can create signals adversaries watch. (Military Times)
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