Hegseth warns troops they could face criminal charges over this activity

2 weeks ago 11
The prediction market app Polymarket is displayed on a mobile phone, April 16, 2026, in Chicago. (AP Photo/Erin Hooley, File)

Troops could face serious consequences if they use nonpublic information to place bets or participate in prediction markets like Polymarket and Kalshi, Defense Secretary Pete Hegseth said in an Oct. 20 memo first obtained by CBS.

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