White House Warns Staff Against Using War Intel for Market Bets

TL;DR Summary
The White House sent an email on March 24 warning staff not to trade on insider information about the Iran war after a surge of suspicious, well-timed trades in oil futures, prediction markets and stocks ahead of key moments. The caution follows President Trump’s threats to bomb Iranian civilian infrastructure and a spike in market activity, including about $580 million in oil futures bought minutes before his announcement, underscoring concerns about using confidential information for profit.
- 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
- Exclusive | White House Warns Staff Not to Place Bets on Prediction Markets Amid Iran War WSJ
- Rep. Ritchie Torres calls for probe into futures trades placed ahead of March pause on Iran hostilities CNBC
- FACTBOX Some trades ahead of Trump policy moves raise questions Reuters
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