Pentagon Bans Military Insider Bets on Kalshi and Polymarket
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
U.S. Defense Secretary Pete Hegseth has prohibited Pentagon personnel from using nonpublic information to place financial bets on military operations, explicitly extending the restriction to prediction markets such as Kalshi and Polymarket.The October 20 directive applies to classified and unclassified nonpublic information and covers transactions made directly or through third parties. Personnel…