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White House Warns Staff Against Insider Betting on Polymarket

4/14/2026

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Story summary
  • The White House issued a March 24 email warning staff not to bet on Polymarket with insider knowledge.
  • The warning followed large bets on a U.S.–Iran ceasefire before U.S. President Donald Trump’s April 7 announcement.
  • Rep. Richie Torres urged the Commodity Futures Trading Commission to investigate possible insider trading.
  • Senator Richard Blumenthal questioned Polymarket’s practices around wars and violence, citing market-security risks.