SecurityCointelegraphabout 1 hour ago
Pentagon Bans Military Betting on Prediction Markets
1 min read
Defense Secretary Pete Hegseth bars all Pentagon staff from using nonpublic information to place wagers on prediction market platforms like Kalshi and Polymarket. This directive follows the April indictment of US Army soldier Gannon Ken Van Dyke, who allegedly used classified information to make more than $400,000 on Polymarket regarding the removal of Venezuelan leader Nicolás Maduro.
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