U.S. Soldier Accused Of Using Secrets For $400K Bet
6 days ago
A U.S. soldier is facing federal charges after prosecutors say he used classified military intelligence to profit from online prediction market bets tied to a secret operation involving Venezuelan President Nicolás Maduro.
Authorities say Gannon Ken Van Dyke, who was involved in planning the mission, placed multiple wagers on the platform Polymarket based on nonpublic information about the operation’s outcome. Prosecutors allege the trades generated more than $400,000 in profits.
Officials also say he attempted to conceal the money through cryptocurrency accounts after the operation was completed. The case includes charges such as wire fraud and misuse of classified government information and is part of an ongoing federal investigation.
Authorities say Gannon Ken Van Dyke, who was involved in planning the mission, placed multiple wagers on the platform Polymarket based on nonpublic information about the operation’s outcome. Prosecutors allege the trades generated more than $400,000 in profits.
Officials also say he attempted to conceal the money through cryptocurrency accounts after the operation was completed. The case includes charges such as wire fraud and misuse of classified government information and is part of an ongoing federal investigation.