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Kalshi

Prediction market exchange

Business · Pentagon bans personnel from using nonpublic information to bet on prediction markets

Defense Secretary Pete Hegseth has barred all Pentagon employees from wagering on prediction markets like Polymarket or Kalshi using classified or nonpublic information, citing operational security and conflict-of-interest risks. The ban comes months after a U.S. Army soldier was charged with exploiting advance knowledge of a mission to capture Venezuela’s president for financial gain.