Technology

Hegseth warns prediction market bets warp military judgment, endanger troops

Summary

Defense Secretary Pete Hegseth distributed a memo cautioning military staff about using confidential data for prediction market wagers. The warning states that these financial bets risk leaking critical operational details to foreign adversaries and threatening personnel.

Defense Secretary Pete Hegseth issued a memo warning military personnel against using nonpublic information to make bets on prediction markets, saying the wagers could give important clues to enemy countries. "Do Not Compromise Military Operations for Personal Financial Gain," said the subject line of an October 20 memo published yesterday by CBS News. Hegseth's memo was sent to senior Pentagon…

Source: Read the full story at Ars Technica - All content

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