8 Hrs
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CNN Arabic
Defense Chief Exit Wagers
Trading on the possibility of U.S. Defense Secretary Pete Hegseth being fired or removed from office exceeded $7.5 million on Kalshi and Polymarket, platforms that offer detailed bets on impeachment proceedings and votes. Kalshi traders put the odds of his removal by the end of next week at 71%, amid growing opposition to him from members of both parties. The expansion of prediction markets has raised concerns that they could encourage gambling and addiction, as well as trading based on insider information.
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