US soldier arrested for allegedly making over $400,000 on Polymarket with classified Maduro information
A United States Army Special Forces master sergeant, Gannon Ken Van Dyke, has been arrested for allegedly using classified information to make over $400,000 on the prediction marketplace Polymarket. He placed bets related to the capture of former Venezuelan president Nicolás Maduro, profiting significantly before the operation's public announcement. Van Dyke faces multiple charges including violations of the Commodity Exchange Act and wire fraud.
Engadget
- Entities
- Wire Fraud
- Prediction Marketplaces
- Insider Trading
- Polymarket
- Commodity Exchange Act
- Gannon Ken Van Dyke
Original source
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