WeSearch

US soldier pleads not guilty to charges of gambling on Maduro ouster

·2 min read · 0 reactions · 0 comments · 10 views
#insider trading#prediction markets#nicolas maduro#gannon van dyke#us army
US soldier pleads not guilty to charges of gambling on Maduro ouster
⚡ TL;DR · AI summary

A U.S. Army soldier, Gannon Van Dyke, pleaded not guilty to federal charges of using classified information to profit from bets on the ousting of Venezuelan President Nicolás Maduro via the prediction market Polymarket. Van Dyke, a Special Forces master sergeant, allegedly made $400,000 by betting on low-probability events shortly before a U.S.-backed raid captured Maduro in January 2026. The case marks the Justice Department's first insider trading charges tied to a prediction market, with both criminal and civil charges filed. Van Dyke was released on $250,000 bond and is being prosecuted in Manhattan.

Original article
Korea Times News
Read full at Korea Times News →
Opening excerpt (first ~120 words) tap to expand

Gannon Ken Van Dyke, a soldier who is charged with using his access to classified information about the operation to capture Venezuelan President Nicolas Maduro in January to win money on Polymarket, walks near a federal court building in New York on Tuesday. AP-YonhapNEW YORK — The U.S. Army soldier charged with winning $400,000 by using insider information to bet on the removal of ousted Venezuelan President Nicolas Maduro pleaded not guilty to fraud charges on Tuesday.Gannon Van Dyke, 38, entered the plea before U.S. District Judge Margaret Garnett's courtroom in Manhattan.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times News.

Anonymous · no account needed
Share 𝕏 Facebook Reddit LinkedIn Threads WhatsApp Bluesky Mastodon Email

Discussion

0 comments

More from Korea Times News