US soldier arrested for allegedly making over $400,000 on Polymarket with classified Maduro information

A U.S. Army Special Forces master sergeant was arrested over allegations he used classified information about a Maduro operation to place bets on Polymarket.

Prosecutors say Gannon Ken Van Dyke made about $409,881 from Venezuela-related wagers before withdrawing the funds and moving them elsewhere.

He now faces multiple federal charges, including wire fraud and Commodity Exchange Act violations.

The case underscores how nonpublic government information can be exploited on prediction markets.

It is likely to intensify scrutiny of platforms such as Polymarket and Kalshi over insider-trading detection and oversight.