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Pentagon bars prediction market insider trading for troops, naming Polymarket and Kalshi, BitcoinCasinos reports
- Pentagon bars prediction market insider trading for troops, naming Polymarket and Kalshi, BitcoinCasinos reports — Defense Secretary Pete Hegseth barred military and civilian personnel from using nonpublic information to trade on prediction markets, naming Polymarket and Kalshi in a memorandum dated October 20. The memo follows the indictment of a soldier who allegedly profited about 409,881 dollars on Polymarket from classified raid details, and says violations may bring disciplinary or criminal action. (BitcoinCasinos)
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