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Pentagon directive bans troops from using nonpublic info to bet in prediction markets

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WASHINGTON -- Defense Secretary Pete Hegseth has issued a new directive telling troops they cannot use “nonpublic information” to make bets on prediction markets .

“Our enemies watch movements in these markets,” Hegseth wrote in a memo dated Tuesday and reviewed by The Associated Press. “When an American Service member, intelligence professional, or other Department civilian engages in a financial transaction on a military outcome, they create a signal.”

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