Trump Announces Investigation into Federal Employees’ Use of Classified Information to Place Bets on Prediction Markets

According to Bloomberg, U.S. President Trump said he would launch an investigation into federal employees’ betting activities on event prediction platforms, expressing concern that some individuals might be profiting from government classified information in prediction markets. Previously, federal authorities arrested a soldier involved in the operation to capture Venezuelan leader Nicolás Maduro; the soldier had successfully bet on Maduro’s ouster and earned approximately $400,000.