What Happened
Pentagon Flags Insider Trading Threat to Military Operations
Defense Secretary Pete Hegseth has warned military members and department personnel that using nonpublic information on prediction markets is not only illegal but poses national security risks. The warning follows the indictment of a US Army Special Forces soldier for using classified military secrets to profit $409,000. Hegseth reminded personnel that they are prohibited from engaging in financial transactions using nonpublic information, citing the threat of foreign adversaries tracking prediction markets for insider trading patterns. The letter was first reported by Casino.org News.