The US Department of War prohibits its personnel from conducting financial transactions based on nonpublic information, including bets on military operations through Polymarket or Kalshi. The policy, implemented through a memorandum issued by Secretary of War Pete Hegseth, covers both classified and unclassified information as well as transactions made directly or through another party. Violations may lead to administrative, disciplinary or criminal penalties because trading activity could reveal to foreign intelligence services the timing of operations, potential targets or troop movements. The directive comes as US Army soldier Gannon Ken Van Dyke faces allegations that he placed approximately 13 bets worth $33,034 on Polymarket using information obtained through Operation Absolute Resolve, allegedly earning about $409,881 after Nicolás Maduro’s capture in January.
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