It's the first time suspected insider trading on Polymarket has led to criminal charges in the U.S.
The special forces specialist allegedly profited more than $400,000 after betting on the capture of Venezuelan President Nicolas Maduro, an operation he was involved in.
Gannon Ken Van Dyke, who allegedly made more than $400,000 on Polymarket, could face up to 60 years in prisonA US soldier who played a role in the January capture of Venezuelan president Nicolás Maduro is now in custody after allegedly cashing in over $400,000 on wagers about the politician’s removal from office, federal authorities announced on…
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…
Gannon Ken Van Dyke allegedly made trades on Polymarket on the basis of classified information, the justice department says.
A US Army soldier was charged with using classified information about the timing of the US military’s capture of then-Venezuelan President Nicolás Maduro to make more than $400,000 trading on Polymarket’s prediction market, the Justice Department said Thursday.
Federal authorities allege that a soldier involved in the operation to capture Venezuelan strongman netted more than $400,000 in profit from Polymarket wagers.
A US Army soldier was arrested and charged for using classified information to profit more than $400,00 on the capture of Maduro betting on Polymarket, a prediction marketplace. The post US Army Soldier Arrested For Using Classified Information to Profit $400,000 on Capture of Maduro with Polymarket Bets appeared first on The Gateway Pundit.
