Summary
Prediction markets are seeing increased bets that FBI Director Kash Patel might leave his position by the end of June. This follows a leak of his emails by a hacker group backed by Iran.
Key Facts
- Polymarket, a prediction market site, saw a rise in bets on Kash Patel leaving his position by June 30.
- Early odds for Patel leaving by March were low but the chance for him leaving by June increased to 36-38%.
- Kalshi, another prediction market, also showed increased bets on Patel leaving this year.
- Patel's emails were leaked by an Iran-backed hacker group.
- He is now considered one of the more likely Cabinet members to depart.
- Other Cabinet members with high odds of leaving include Labor Secretary Lori Chavez-DeRemer.
