Reuters reported that the White House warned staff not to use nonpublic information for market trades or prediction-market bets amid Iran-war scrutiny.
The White House warned staff not to use nonpublic information for market trades or prediction-market bets amid scrutiny of Iran-related betting activity, Reuters reported.
According to the report, the warning went out in an internal email from the White House Management Office on March 24. White House spokesman Davis Ingle said federal employees are bound by ethics rules that bar the use of nonpublic information for financial benefit.
The warning came after AP reported that newly created Polymarket accounts placed large bets on a U.S.-Iran ceasefire shortly before the public announcement, prompting calls from lawmakers for investigations.
Background
- March 24, 2026: the internal warning email was reportedly sent
- April 7, 2026: AP reported well-timed ceasefire bets on Polymarket
- April 9, 2026: AP reported lawmakers were calling for investigations
Revision note
Initial automated publication.