AssetID: 55608152
Headline: UNCAPTIONED: White House Warns Staff Over Betting On Prediction Markets
Caption: White House Warns Staff Over Betting On Prediction Markets. White House staff have been warned not to use insider information to place bets on prediction markets, following concerns over potential misconduct.The email, sent in March, reminded officials that using non-public information for financial gain is a criminal offence and strictly against government ethics rules. It came shortly after Donald Trump announced a pause in potential military action against Iran, a move reportedly preceded by unusual trading activity. The warning specifically mentioned platforms such as Kalshi and Polymarket, where users can bet on real-world events. A White House spokesperson said any suggestion officials had acted improperly was “baseless”, but stressed that all federal employees must follow strict ethics guidelines. The issue has drawn wider attention after previous cases where large sums were won on geopolitical events shortly before they became public — raising concerns about the misuse of privileged information. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,White House,warns,staff,betting,prediction markets,financial game,geo politicial
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