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Hegseth warns prediction market bets warp military judgment, endanger troops

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Hegseth warned that military personnel betting on prediction markets with nonpublic information risks exposing operational secrets to enemies, potentially endangering troops.

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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 leadership, Combatant Command leaders, and Defense Department field activity directors. Hegseth wrote:Read full article Comments

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