@defensescoopnews: Defense Secretary Pete Hegseth issued a memorandum this week barring Pentagon and military personnel from placing financial wagers — specifically “including traditional betting platforms and prediction markets such as ‘Polymarket’ or ‘Kalshi’” — using non-public, government information. The directive, dated Oct. 20, was obtained by DefenseScoop on Thursday. A source confirmed its authenticity. It comes as the U.S. government and federal law enforcement officials are responding to a rise in insider trading tied to sensitive military operations. Read more on DefenseScoop.

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