US soldier pleads not guilty to charges of betting on Nicolás Maduro’s ouster
Gannon Ken Van Dyke, a US soldier, pleaded not guilty to charges related to insider trading involving bets on Nicolás Maduro's ouster. Prosecutors allege he won $400,000 by betting on a prediction market using confidential information. This case marks the first instance of the US justice department filing insider trading charges in connection with a prediction market.
- ▪Gannon Van Dyke was arrested on April 23 and charged with multiple counts including fraud and unlawful use of confidential information.
- ▪He allegedly placed $33,000 in bets on Polymarket predicting Maduro's removal and US intervention in Venezuela.
- ▪Van Dyke, a master sergeant with US army special forces, was involved in the planning of the January raid that captured Maduro.
Opening excerpt (first ~120 words) tap to expand
Gannon Ken Van Dyke, walks with his attorneys near a federal court building in New York on 28 April 2026. Photograph: Seth Wenig/APView image in fullscreenGannon Ken Van Dyke, walks with his attorneys near a federal court building in New York on 28 April 2026. Photograph: Seth Wenig/APUS crimeUS soldier pleads not guilty to charges of betting on Nicolás Maduro’s ousterProsecutors allege Gannon Van Dyke won $400,000 using insider information to bet on Maduro raid on Polymarket Sign up for the Breaking News US email to get newsletter alerts in your inbox ReutersTue 28 Apr 2026 14.05 EDTLast modified on Tue 28 Apr 2026 14.11 EDTSharePrefer the Guardian on GoogleThe US army soldier charged with winning $400,000 by using insider information to bet on the removal of the ousted Venezuelan…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — World.