State of the Union: Gannon Ken Van Dyke won $400,000 on prediction markets bets about Venezuela. The post U.S. Soldier Arrested for Betting on Venezuela Raid appeared first on The American Conservative .
A U.S. soldier involved in the January capture of Venezuelan President Nicolás Maduro has been arrested and charged with using classified information to win more than $400,000 on prediction-market bets, the Department of Justice said Thursday. Prosecutors said Gannon Ken Van Dyke, who helped plan the operation beginning in December, placed 13 bets on the prediction market Polymarket related to U.S. military action in Venezuela and Maduro’s removal from office. Van Dyke is now facing charges for commodities fraud, wire fraud, and the unlawful use of confidential government information for personal gain. “Our men and women in uniform are trusted with classified information in order to accomplish their mission as safely and…Open
A U.S. soldier has been charged with using inside information to win $400,000 in an online betting market on Venezuelan President Maduro’s capture, federal officials said.
Gannon Ken Van Dyke, a soldier stationed at Fort Bragg in North Carolina, helped plan and execute Operation Absolute Resolve, a daring mission that saw the U.S. Army capture former Venezuelan dictator Nicolás Maduro. Published [...]
A U.S. special forces soldier was arrested and charged with using classified information about the raid to capture Venezuelan leader Nicolás Maduro to profit from prediction market bets, the Department of Justice announced Thursday. Why it matters: The case lands as regulators and lawmakers intensify scrutiny of prediction markets — offering a real-world test of how aggressively authorities pursue insider trading tied to sensitive government information. - This is the first time the Commodity Futures Trading Commission has filed charges of insider trading in connection with event contracts, per a CFTC statement. The big picture: The indictment accuses Gannon Ken Van Dyke, a master sergeant based at Fort Bragg, North Carolina, of…
Federal prosecutors say that Sgt. Gannon Ken Van Dyke, who was involved in planning to oust Nicolás Maduro from power in Venezuela, used the information to place bets on a prediction market.
A French aircraft carrier’s location was recently exposed in the Mediterranean Sea — not through classified intelligence channels, but via a fitness app.