Who Is Gannon Ken Van Dyke? Soldier Pleads Not Guilty to Maduro Bet Scheme
U.S. special forces soldier Gannon Ken Van Dyke pleaded not guilty to charges of using classified information to place profitable bets on the prediction market Polymarket regarding the capture of former Venezuelan leader Nicolás Maduro. Prosecutors allege he used nonpublic details about the mission to win over $400,000 from $33,000 in wagers. Van Dyke, stationed at Fort Bragg, was granted bond and will continue legal proceedings in New York, with a pretrial conference set for June 8. He faces charges including theft of government information, commodities fraud, and wire fraud.
- ▪Gannon Ken Van Dyke pleaded not guilty to multiple federal charges related to using classified military information for financial gain.
- ▪Van Dyke allegedly placed bets on Polymarket predicting Nicolás Maduro would be out of power by January's end, shortly before Maduro was captured on January 3.
- ▪The $33,000 in bets reportedly generated more than $404,000 in profits, according to the criminal complaint.
- ▪Van Dyke was granted bond and is scheduled for a pretrial conference in Manhattan federal court on June 8.
- ▪He is accused of violating nondisclosure agreements tied to the Maduro operation and faces charges including wire fraud and unlawful use of government information.
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By Jenna SundelNews ReporterShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.U.S. special forces soldier Gannon Ken Van Dyke pleaded not guilty to multiple charges on Tuesday, after he was accused of using classified information about the military operation to capture former Venezuelan leader Nicolás Maduro to win more than $400,000 on the prediction market Polymarket.Prosecutors alleged that Van Dyke, 38, was involved in the planning and execution of Maduro's capture and signed nondisclosure agreements related to the mission, but he placed a series of bets related to Maduro being out of power by the end of January. Maduro was captured on January 3.
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