"As alleged in the indictment, Van Dyke participated in the planning and execution of the US military operation to capture Nicolás Maduro, called 'Operation Absolute Resolve,' and Van Dyke used his access to classified information about that operation to personally profit."
"Van Dyke won his wagers on those contracts, and profited approximately $409,881. He later sent most of his proceeds to a foreign cryptocurrency vault before depositing them into a newly created online brokerage account."
Gannon Ken Van Dyke, a US Army soldier, was arrested for insider trading after profiting nearly $410,000 from bets on Polymarket regarding the capture of Nicolás Maduro. He was indicted for unlawful use of confidential government information, theft of nonpublic information, commodities fraud, wire fraud, and making an unlawful monetary transaction. Van Dyke, a master sergeant with US Army Special Forces, allegedly used classified information from 'Operation Absolute Resolve' to profit from his wagers. He took steps to conceal his identity and transferred his earnings to a foreign cryptocurrency vault.
Read at Ars Technica
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