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A Pentagon memo from Defense Secretary Pete Hegseth warns that insider trading on prediction markets warps military judgment and gives US enemies key intelligence on military operations, Ars Technica reports. Ars Technica

Ars TechnicaHegseth warns prediction market bets warp military judgment, endanger troopsPentagon memo: Insider trading gives US enemies key intel on military operations.

Should prediction markets be barred from contracts tied to military operations, or is better insider-trading enforcement enough?

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