Trump defends indicted US soldier accused of insider trading on Polymarket

9 articles · Updated · CNN · Apr 24

Master Sgt. Gannon Ken Van Dyke is charged with using classified information to make $400,000 betting on the January US raid to oust Venezuelan President Nicolás Maduro.
Trump likened Van Dyke’s actions to Pete Rose betting on his own team, downplaying the seriousness despite allegations the soldier wagered on multiple classified outcomes, including US forces entering Venezuela and Trump invoking war powers.
The case raises concerns about insider trading among government officials, especially as Trump’s son has ties to prediction markets and Democratic lawmakers warn of broader risks; the White House recently cautioned staff against such activities.

Could one soldier's $409,000 profit bring down the entire prediction market industry?

Is there an ethical line between betting on a game and betting on a secret military operation?

How can insider trading laws apply to geopolitical events instead of company stocks?

When a soldier bets on his mission's success, is it a crime or a vote of confidence?

With a 60-year sentence looming, what message is the DOJ sending to service members?