US EditionUS soldier charged with making $400,000 on Maduro removal bets
- On Thursday, federal prosecutors arrested U.S. Army Master Sergeant Gannon Ken Van Dyke, accusing him of using classified information about Venezuelan President Nicolas Maduro's capture to win more than $400,000 on Polymarket.
- Van Dyke, an active-duty special forces soldier, was involved in planning Operation Absolute Resolve beginning December 8, 2025. Before the January 3 raid, he placed 13 bets totaling $33,034 on 'YES' outcomes regarding U.S. intervention in Venezuela.
- Polymarket identified the suspicious trades and referred the matter to the DOJ, cooperating with the investigation. Prosecutors allege Van Dyke then moved his winnings through a foreign cryptocurrency 'vault' before depositing funds into a new brokerage account.
- FBI Director Kash Patel stated, 'Any clearance holders thinking of cashing in their access and knowledge for personal gain will be held accountable.' The case marks the first criminal prosecution of insider trading on a prediction market.
- President Donald Trump remarked, 'The whole world, unfortunately, has become somewhat of a casino,' as lawmakers advance the Public Integrity in Financial Prediction Markets Act of 2026 to regulate official trading on such platforms.
628 Articles
628 Articles
Rep. Luna calls for pardon of Special Forces soldier accused of betting on his own mission to capture Maduro – Democratic Accent
Rep. Anna Paulina Luna, R-Fla., is calling for a pardon for a U.S. Special Forces soldier facing decades in prison after being accused of betting on his own mission, saying it is a double standard for a decorated service member to face prison while lawmakers receive a “slap on the wrist” for similar conduct. Luna called for the pardon on “The Ingraham Angle” Friday, arguing the possible sentence is not “true justice” as she claims insider tradin…
Tulsa World
US soldier released in prediction wager case
NEW YORK — The U.S. Army soldier charged with making $400,000 using insider information to bet on Venezuelan President Nicolas Maduro's ouster was released on $250,000 bond, a Justice Department spokesman said Friday.
US soldier charged with using classified intel to win $400K
RALEIGH, N.C. — A U.S. special forces soldier who took part in the capture of Venezuelan President Nicolás Maduro will be released on bond on charges accusing him of using classified information about the operation to win more than $400,000…
Arrest over Maduro raid bet fuels insider trading concerns
A Special Forces soldier who helped plan the capture of Venezuelan President Nicolas Maduro was indicted for allegedly using classified information about the raid to make prediction market bets. It is raising new concerns about insider trading and the need for regulation. Amna Nawaz discussed more with Liz Landers and David Hill, who writes about gambling for Rolling Stone and American Gambler.
The cash was part of the commando that participated in the capture of the dictator in Venezuela; now he faces up to 20 years in prison
Coverage Details
Bias Distribution
- 47% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
