US Soldier Charged with Insider Trading After Betting on Maduro Capture

57 articles · Updated · Department of Justice · Apr 23

A U.S. special forces soldier was arrested for allegedly using classified information to bet on the operation that captured Venezuela’s Nicolás Maduro.
Master Sergeant Gannon Ken Van Dyke reportedly won over $400,000 by wagering on Polymarket just before the raid was publicly announced.
This marks the first U.S. prosecution for insider trading on a prediction market, raising concerns about misuse of sensitive information for financial gain.

Can U.S. law stop insider trading on anonymous crypto platforms?

Will government officials now be banned from all prediction markets?

Could insider bets accidentally leak national security secrets to adversaries?

How much classified intelligence is being gambled away on global betting markets?

Are these markets a new frontier for crime or for forecasting?

What new 'discombobulator' weapon was used in the Venezuela raid?