April 10 (UPI) -- Members of the White House staff were warned last month about placing bets on prediction markets on the Iran war using nonpublic information.
An email obtained by CBS News Thursday was sent from the White House Management Office to staff members on March 24. It raised concerns about reports of government officials using nonpublic information to place bets on prediction markets like Kalshi and Polymarket."
"All White House employees are reminded that the misuse of nonpublic information by government employees for financial benefit is a very serious offense and will not be tolerated," the email said.
The email also noted that using nonpublic information for financial benefit is a criminal offense.
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