"Gannon Ken Van Dyke was part of a highly classified team that planned and carried out an operation in Venezuela that led to the capture of Nicolas Maduro."
"Prosecutors allege he used that inside information to make more than $400,000 betting on the prediction market Polymarket."
"He is charged with three counts of violating the Commodity Exchange Act, each carrying a potential sentence of up to 10 years in prison, and one count of wire fraud, which carries a maximum penalty of 20 years."
Gannon Ken Van Dyke, a Fort Bragg soldier, appeared in court facing federal charges for allegedly using classified military information to profit over $400,000 from online betting. He was part of a team involved in a military operation in Venezuela. The indictment claims he made trades on Polymarket while aware of U.S. military plans and attempted to conceal his winnings through cryptocurrency. He faces multiple charges, including violations of the Commodity Exchange Act and wire fraud, with significant potential prison sentences. His next court date is set for April 28 in New York.
Read at ABC7 Los Angeles
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