US EditionThe Other Life of US Soldier Accused of Polymarket Betting on Maduro's Removal
The complaint says soldier Gannon Ken Van Dyke used sensitive mission details to make more than $404,000 on a Polymarket wager.
- On Thursday, Army Special Forces soldier Gannon Ken Van Dyke was charged with using classified information about the capture of Venezuelan leader Nicolas Maduro to win over $400,000 on Polymarket.
- Van Dyke participated in Operation Absolute Resolve, the secret mission to capture Maduro, and placed over a dozen bets totaling $33k related to Maduro and Venezuela before the raid occurred.
- Attempting to conceal his connection to the Polymarket account, the soldier bought more than 436,000 "Yes" shares regarding Maduro's power status, netting over $404,000 in profit.
- Van Dyke, 38, appeared in court Tuesday in New York, where prosecutors charged him with wire fraud and commodities fraud after Polymarket flagged the suspicious activity.
- This incident intensifies scrutiny of prediction platforms, with lawmakers pushing for stricter regulation like the "Eddie Murphy rule" to prevent insider trading using sensitive government data.
109 Articles
109 Articles
Special Forces soldier who allegedly scored $400K using secret Maduro raid info looks the part in NYC court
Gannon Ken Van Dyke, the US soldier who allegedly used classified information to score $400,000 betting on the capture of Venezuelan dictator Nicolás Maduro, looked every inch the part of a covert operative for court Tuesday.
U.S. soldier accused of betting on Maduro raid, winning US$400,000, pleads not guilty
A U.S. special forces soldier involved in the capture of Venezuelan President Nicolás Maduro pleaded not guilty Tuesday to misusing classified information about the operation to make over US$400,000 in illegal profits.
By Kara Scannell, CNN - The special forces soldier involved in the capture of ousted Venezuelan President Nicolás Maduro pleaded not guilty Tuesday to using classified information about the operation to make more than $400,000 in illegal profits. Gannon Ken Van Dyke, a 38-year-old active-duty soldier stationed at Fort Bragg, appeared in civilian clothes before Judge Margaret Garnett in New York. The case marks the first time federal prosecutors …
Green Beret pleads not guilty to federal charges over Polymarket bet on Maduro raid
An Army Green Beret soldier pleaded not guilty Tuesday in a New York federal court to charges that he used his inside knowledge about the raid to capture former Venezuelan President Nicolas Maduro to win more than $400,000 on the prediction market Polymarket.
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