White House Insider Trading Warning

Democratic lawmakers have called for investigations after groups of anonymous traders raked in over half a million dollars by accurately predicting the Iran ceasefire.

The White House official described the allegations of insider trading as 'baseless and irresponsible' but emphasized that staff must not wager on markets using internal data.

The controversy centers on platforms like Polymarket and Kalshi, which have seen a surge in activity related to geopolitical events.

The warning highlights growing concerns about the intersection of government policy and speculative financial platforms.