White House warns staff off insider bets in prediction markets
TL;DR
The White House warned staff not to use non-public information to place bets on prediction markets like Kalshi or Polymarket, referencing federal ethics guidelines; the notice followed press reports about insider-informed betting around geopolitical events and adds fuel to the ongoing debate over market regulations and potential investigations.
- White House staff warned not to place bets on prediction markets BBC
- White House Warned Staff Not to Engage in Insider Trading Amid War With Iran The New York Times
- White House staff received email warning them not to place bets on prediction markets, officials say CBS News
- White House warned staff against betting on futures markets amid Iran war, official says Reuters
- Exclusive | White House Warns Staff Not to Place Bets on Prediction Markets Amid Iran War WSJ
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