Gannon Ken Van Dyke allegedly made trades on Polymarket on the basis of classified information, the justice department says.
Silk production is an increasingly high-tech business in India.
The approval came as Donald Trump is to attend a dinner with billionaire Paramount backers the Ellisons.
The improvement in government finances is unlikely to last, analysts say, with the impact of the Iran way yet to hit.
The Serious Fraud Office raided homes and businesses over alleged conspiracy to defraud public money.
Hundreds of thousands of firms could potentially win back some money after the tariffs were struck down.
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