The White House warns employees not to use policy insider information to place bets on prediction markets

Gate News message, April 10, the White House warned staff not to misuse their authority to place bets at the right time in prediction markets. According to people familiar with the matter, the White House Office of Management issued this warning on March 23. Earlier that day, US President Trump announced a pause on airstrikes against Iran via Truth Social. About 15 minutes before the policy shift, the futures market saw a mysterious burst of trading activity. According to Dow Jones market data, within less than two minutes, oil futures contracts with a value of more than $760 million changed hands. In recent weeks, three accounts on the Polymarket platform profited more than $600k by accurately predicting the ceasefire timing for this week in Iran. Trump’s critics, including many Democrats, have inferred that someone profited by using information about the policy change in advance. The White House confirmed the authenticity of the warning. Trump spokesperson Engle said, “The only special interest that can guide President Trump’s decision-making is the greatest interest of the American people.”