Hegseth bans US troops from betting on military operations with inside information after a soldier is accused over a Maduro raid wager
Army Master Sgt. Gannon Ken Van Dyke is accused of turning more than $33,000 in Polymarket bets on Nicolás Maduro's capture into winnings of over $409,000. He has pleaded not guilty. Defense Secretary Pete Hegseth's October 20 memo names Polymarket and Kalshi and covers classified and unclassified information alike. Breaches could bring criminal action under military law.
'Our enemies watch movements in these markets,' Hegseth warned commanders.
He claims foreign spies could read bets to predict US targets and timing.
'Not entertainment. Not a payout,' Hegseth wrote of the war-fighting mission.
