Hegseth bars US forces from using undisclosed information to bet on Polymarket, Kalshi
Summary
Defense Secretary Pete Hegseth has banned all Pentagon employees from using secret or classified information to place bets on prediction platforms about future U.S. military actions. He said this rule is important because enemies can watch these betting markets for clues about U.S. plans.Key Facts
- Pentagon staff are now forbidden from betting on military actions using inside information.
- The ban applies to prediction markets like Kalshi and Polymarket.
- Defense Secretary Pete Hegseth issued the order in a recent memo.
- The memo was first reported by CBS News.
- Hegseth stated that enemies monitor these betting markets for any signs of U.S. plans.
- This policy aims to protect sensitive military information from being revealed indirectly.
- The order covers all Pentagon employees, including military and civilian staff.
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