White House staff told not to place bets on prediction markets

The email was sent to staff on 24 March, a day after US President Donald Trump announced a five-day pause on his threat to attack Iranian power plants and energy infrastructure. Kenya breaking news | Kenya news today |..

✨ Key Highlights

White House staff were recently warned against using insider information to place bets on prediction markets, following press reports raising concerns about potential misuse of non-public information.

The advisory email was sent to staff on March 24, a day after President Donald Trump paused threats against Iranian power plants.
White House spokesman Davis Ingle stated that any implication of wrongdoing is baseless and that all federal employees adhere to ethics guidelines.
This follows scrutiny of prediction markets, with a notable instance of significant profit made on a bet concerning the capture of Venezuelan president Nicolás Maduro.

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