Soldier won $410K in Polymarket bets on timing of Maduro capture, US alleges

A U.S. Army Special Forces master sergeant was indicted over alleged insider trading on Polymarket.

Prosecutors say Gannon Ken Van Dyke used nonpublic information from a Venezuela operation targeting Nicolás Maduro to place bets on the outcome.

He allegedly made about $409,881, tried to conceal the money’s source, and was charged with fraud and misuse of confidential government information.

The case highlights how military secrets can be monetized through prediction markets and raises national security and market integrity concerns.