Pentagon bans US forces from using military info to bet in prediction markets
Summary
Defense Secretary Pete Hegseth has prohibited Pentagon and Defense Department personnel from using classified or unclassified nonpublic information to make financial wagers, including on Kalshi and Polymarket. He said such bets could compromise operational security and distort staff judgment. The directive follows cases in which a US soldier allegedly made more than $400,000 betting with advance knowledge of the operation to capture Nicolás Maduro, and Israeli authorities charged two people over bets tied to strikes on Iran. The US soldier has pleaded not guilty.
