24-04-2026

US Soldier Charged with Insider Trading over Maduro Bet

Date: 24-04-2026
Sources: bbc.com: 1 | cbsnews.com: 1 | nytimes.com: 1 | theguardian.com: 1
Image for cluster 0
Image Prompt:

US Army Master Sergeant in handcuffs being escorted by federal agents outside a government building, documentary photography style, harsh institutional lighting with a hint of overcast sky, captured with a 50mm lens, conveying a sense of seriousness and authority, amidst a backdrop of blurred courthouse steps.

Summary

A US Army special forces soldier, Gannon Ken Van Dyke, has been charged with insider trading for allegedly using classified information to bet on the removal of Venezuelan leader Nicolas Maduro, winning over $409,000 on a crypto-powered prediction market platform called Polymarket.

Key Points

  • Gannon Ken Van Dyke, a US Army Master Sergeant, was charged with multiple counts including unlawful use of confidential government information and commodities fraud.
  • Van Dyke allegedly used nonpublic information about Operation Absolute Resolve to make trades on Polymarket, resulting in over $409,000 in profits.
  • The incident has raised concerns about insider trading and the use of classified information for personal gain, sparking discussions about potential legislation to curtail such practices.
  • Van Dyke faces up to 60 years in prison if convicted.

Articles in this Cluster

US soldier charged after winning $400,000 betting on removal of Venezuela's Nicolas Maduro

A US Army special forces soldier, Gannon Ken Van Dyke, has been charged with insider trading after allegedly using classified information to bet on the removal of Venezuelan leader Nicolas Maduro. Van Dyke, stationed at Fort Bragg in North Carolina, won over $409,000 by betting on Polymarket, a crypto-powered platform. The US Department of Justice alleges that Van Dyke used nonpublic information about Operation Absolute Resolve to make trades. Van Dyke has been charged with multiple counts, including unlawful use of confidential government information and commodities fraud. The case highlights concerns about the use of prediction markets and insider trading.
Entities: Gannon Ken Van Dyke, Nicolas Maduro, Venezuela, US Department of Justice, PolymarketTone: neutralSentiment: negativeIntent: inform

U.S. special forces soldier who won $409K charged for betting on Maduro's removal before raid was reported - CBS News

A U.S. special forces soldier, Master Sgt. Gannon Ken Van Dyke, has been arrested and charged with using confidential government information to bet on the removal of Venezuelan leader Nicolas Maduro. Van Dyke allegedly made bets on a prediction market platform called Polymarket, winning over $409,000 after news of Maduro's capture was announced. The Justice Department charged Van Dyke with various crimes, including unlawful use of confidential government information, theft of nonpublic government information, commodities fraud, wire fraud, and engaging in monetary transactions from unlawful activity. The incident has raised concerns about insider trading and the use of classified information for personal gain.
Entities: Gannon Ken Van Dyke, Nicolas Maduro, Donald Trump, Jay Clayton, Shayne CoplanTone: negativeSentiment: negativeIntent: inform

Read the Indictment Charging a U.S. Solider With Insider Trading - The New York Times

A U.S. Army Master Sergeant, Gannon Ken Van Dyke, has been indicted for insider trading related to a U.S. military operation to capture Venezuelan President Nicolás Maduro and his wife. Van Dyke allegedly used classified information to make trades on a prediction market platform called Polymarket, resulting in over $400,000 in illegal profits. The indictment details Van Dyke's access to sensitive information, his signing of nondisclosure agreements, and his subsequent trades on Polymarket related to events involving Venezuela and Maduro.
Entities: Gannon Ken Van Dyke, Nicolás Maduro, Cilia Flores, United States District Court Southern District of New York, U.S. ArmyTone: neutralSentiment: negativeIntent: inform

US soldier involved in Maduro raid charged over alleged bets on capture | US news | The Guardian

A US soldier, Gannon Ken Van Dyke, involved in a January operation to capture Venezuelan President Nicolás Maduro, has been charged with commodities and wire fraud for allegedly making over $400,000 on bets related to Maduro's removal from office on a prediction market called Polymarket. Van Dyke faces up to 60 years in prison. The charges stem from his alleged use of confidential government information for personal gain, which authorities and officials have condemned as a betrayal of trust. The incident has sparked discussions about insider trading and the use of classified information for personal profit, with lawmakers considering legislation to curtail such practices.
Entities: Gannon Ken Van Dyke, Nicolás Maduro, Venezuela, US, PolymarketTone: neutralSentiment: negativeIntent: inform