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Hegseth bans DoD personnel from using nonpublic info to bet on U.S. military operations

Defense Secretary Pete Hegseth has banned Department of Defense personnel from using nonpublic information to bet on U.S. military operations, citing risks to national security and troop safety. The ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi. This move aims to prevent foreign adversaries from gaining sensitive information about U.S. military movements and operations.

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  • ✓ Defense Secretary Pete Hegseth banned DoD personnel from using nonpublic info to bet on U.S. military operations.
  • ✓ The ban applies to classified and unclassified information.
  • ✓ The prohibition includes prediction markets such as Polymarket and Kalshi.
  • ✓ Hegseth warned that insider betting could expose sensitive military movements to foreign adversaries and endanger American troops.
🛡️ Source Corroboration: 18 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

The Pentagon has officially implemented a ban on using nonpublic information to bet on military operations, as announced in a memo dated October 20, 2026.

Live updates

  1. Pentagon Bans Insider Bets on Military Operations

    Defense Secretary Pete Hegseth has banned Department of Defense personnel from using nonpublic information to bet on U.S. military operations, citing risks to national security and troop safety. The ban applies to classified and unclassified information and includes prediction markets such as Polymarket and Kalshi. This move aims to prevent foreign adversaries from gaining sensitive information about U.S. military movements and operations.

    Why it matters

    The ban is a response to concerns that insider betting could compromise military operations and put troops at risk. It follows reports of a soldier accused of profiting $409,000 from betting on a military operation. The Pentagon's directive is an effort to maintain the integrity of military operations and prevent the exploitation of nonpublic information.

    What is confirmed

    • Defense Secretary Pete Hegseth banned DoD personnel from using nonpublic info to bet on U.S. military operations.
    • The ban applies to classified and unclassified information.
    • The prohibition includes prediction markets such as Polymarket and Kalshi.
    • Hegseth warned that insider betting could expose sensitive military movements to foreign adversaries and endanger American troops.
    • The ban aims to prevent financial transactions on prediction markets from creating signals that enemies can track.

    What to watch next

    • Implementation and enforcement of the ban
    • Potential impact on prediction markets
    • Any future actions against individuals violating the ban
    Sources used for this update (16)
    1. CBS News — Hegseth bans DoD personnel from using nonpublic info to bet on U.S. military operations
    2. WBAL-TV — New Pentagon directive bans troops from using nonpublic info to bet in prediction markets
    3. Newser — Hegseth Sets Policy on Military Operations Bets
    4. Yahoo — Pentagon Bans Insider Bets on Polymarket, Kalshi
    5. The Hill — Hegseth bars US forces from using undisclosed information to bet on Polymarket, Kalshi
    6. The Washington Post — Hegseth bans defense personnel from insider trading with military secrets
    7. www.cbsnews.com — Hegseth bans DoD personnel from using nonpublic info to bet on U.S. military operations - CBS News
    8. www.robmaness.com — Hegseth Just Barred Troops From Betting on Missions. Every National Security Agency Should Follow. - Rob Maness
    9. www.stripes.com — Hegseth warns troops against betting with inside information
    10. www.democraticunderground.com — Hegseth bans DoD personnel from using nonpublic info to bet on U.S. military operations - Democratic Underground Forums
    11. www.militarytimes.com — Pentagon cautions personnel against betting using insider ...
    12. www.europesays.com — Hegseth bans DoD personnel from using nonpublic info to bet ...
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