White House internal warning: Staff are prohibited from using insider policy information to place bets in prediction markets
By: rootdata|2026/04/10 09:34:31
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According to the WSJ, just hours after President Trump suddenly announced a suspension of attacks on Iran last month, the White House warned staff not to abuse their power to place bets in prediction markets at the right moment. According to informed sources, the Office of Management and Budget issued this warning on March 23.
Earlier that day, Trump announced the decision to suspend airstrikes via Truth Social. About 15 minutes before the sudden policy shift, there was a wave of mysterious trading activity in the futures market, with Dow Jones market data showing that contracts worth over $760 million in oil futures changed hands in less than two minutes.
Recently, three accounts on the Polymarket platform profited over $600,000 by accurately predicting the timing of this week's ceasefire in Iran. Critics of Trump, including many Democrats, immediately inferred that someone had profited from having advance knowledge of the policy shift.
The White House confirmed the authenticity of this warning, with Trump's spokesperson Engel stating, "The only special interest that can guide President Trump's decision-making is the best interest of the American people."
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