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Federal prosecutors have indicted U.S. Army Special Forces soldier Gannon Ken Van Dyke for allegedly using classified information about Operation Absolute Resolve ā the January raid that captured former Venezuelan president NicolĆ”s Maduro ā to place wagers on the prediction market Polymarket and net more than $400,000.
According to the indictment unsealed in late April 2026, Van Dyke created a Polymarket account in late December 2025 and placed about 13 Venezuela-related bets totalling roughly $33,000 that resolved favorably after the January 3 operation.
He is charged with unlawful use of confidential government information, theft of nonpublic government information, commodities fraud, wire fraud and making an unlawful monetary transaction; federal regulators including the Commodity Futures Trading Commission have also filed complaints.
Prosecutors say Van Dyke moved proceeds through a foreign cryptocurrency account and attempted to delete or obscure accounts once unusual payouts drew attention.
Polymarket says it referred suspicious trading to the Justice Department and cooperated with investigators.
The case is the first high-profile U.S. criminal action alleging insider trading on a prediction market and will proceed in federal court in Manhattan.
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Public commentary centers on perceived unequal enforcement and sympathy for the accused soldier versus wealthy insiders; commenters offer speculation about prosecution and legal defenses but provide no verifiable new information for reporting.







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