Hegseth bars US forces from using undisclosed information to bet on Polymarket, Kalshi
North America
Business
High confidence — 75/100
- Defense Secretary Pete Hegseth barred all Pentagon staff from using undisclosed information to place wagers on forthcoming U.
- military action using betting platforms and prediction markets like Kalshi and Polymarket.
- “Our enemies watch movements in these markets,” Hegseth wrote in a memo dated Tuesday and reviewed by The Associated Press.
Confirmed
- Defense Secretary Pete Hegseth barred all Pentagon staff from using undisclosed information to place wagers on forthcoming U.
- military action using betting platforms and prediction markets like Kalshi and Polymarket.
- “Our enemies watch movements in these markets,” Hegseth wrote in a memo dated Tuesday and reviewed by The Associated Press.