Defense Secretary Pete Hegseth has banned military personnel from using classified or internal information to participate in prediction markets, where individuals wager on future events. The directive aims to prevent potential security risks by ensuring troops do not exploit nonpublic data for personal gain or speculative purposes. The move follows concerns over the misuse of sensitive information in unofficial betting platforms. Officials emphasize that the rule applies strictly to information not available to the general public.
Defense Secretary Pete Hegseth has issued a new directive telling troops they cannot use “nonpublic information” to make bets on prediction markets.
