White House warns against insider trading

Concerns about unethical financial activity within the administration have intensified after several accounts on the prediction market Polymarket raked in hundreds of thousands of dollars.

These users accurately bet on the timing of the Iran ceasefire, leading to calls for a federal investigation into potential leaks.

Senator Elizabeth Warren has asked the CFTC to probe 'unusual trading patterns' in oil futures that preceded official White House statements.

The warning to staff emphasizes that using insider knowledge for personal gain is a violation of federal standards and could lead to criminal charges.