Officials charge a U.S. soldier for using intel on this $400K Polymarket bet
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Officials charge a U.S. soldier for using intel on this $400K Polymarket bet
"Gannon Ken Van Dyke was part of the operation to capture Maduro in January and used his access to classified information to make money on the prediction market site Polymarket, the federal prosecutor's office in New York said."
"Even though he signed nondisclosure agreements promising to not divulge 'any classified or sensitive information' related to the operations, prosecutors say the Army soldier used this information to make a series of bets related to Maduro being out of power by Jan. 31, 2026."
"Polymarket, one of the largest prediction markets in the world, said it had found someone trading on classified government information, alerted the U.S. Department of Justice and 'cooperated with their investigation.'"
Gannon Ken Van Dyke, a U.S. special forces soldier, has been charged with using classified information from a military operation to capture Venezuelan President Nicolás Maduro for personal gain. He allegedly made over $400,000 on the prediction market site Polymarket by betting on Maduro's political status. Charges include unlawful use of confidential information, theft of nonpublic information, commodities fraud, and wire fraud. Van Dyke was involved in the operation from December 8, 2025, and faces potential prison time. Polymarket reported the incident to the Justice Department.
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