White House warned staff against betting on Iran war, report says
White House warned staff against betting on Iran war, report says The White House warned its employees not to exploit their positions to place well-timed bets on prediction markets amid the Iran war, The Wall Street Journal reported, citing sources familiar with the matter. According to the report, the warning was sent in a staff-wide email late last month, shortly after US President Donald Trump announced a sudden pause in strikes on Iran. The report said, citing Dow Jones Market Data, that more than $760 million worth of oil futures contracts changed hands in less than two minutes, about 15 minutes before the sudden shift in policy.