Skip to content
Advertisement
When Appliance Fail?

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

It's like "Pete Rose betting on his own team," Trump says of arrested soldier.

schedule 17:41 visibility 97 views
Soldier won $410K in Polymarket bets on timing of Maduro capture, US alleges
Source: Ars Technica

A US Army soldier was arrested for insider trading after being accused of making prediction-market wagers on the timing of the military's capture of Venezuelan President Nicolás Maduro.

Army soldier Gannon Ken Van Dyke made a profit of nearly $410,000 by making bets on Polymarket, and he was indicted on charges of unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction, the Department of Justice announced yesterday.

"As alleged in the indictment, Van Dyke participated in the planning and execution of the US military operation to capture Nicolás Maduro, called 'Operation Absolute Resolve,' and Van Dyke used his access to classified information about that operation to personally profit," the DOJ said.

Read full article

Comments

newspaper

Originally published at

Ars Technica

open_in_new Read Full Article

Related Articles

Drone attack near market kills 80 in Sudan
Military

Drone attack near market kills 80 in Sudan

Witness says drone struck twice at transport hub in al-Dibab, in one of deadliest single attacks of warA drone strike near a market in southern Sudan on Sunday evening killed 80 people, mostly commuters catching rides home.Ahmed Wadi, a witness...

The Guardian

Read More

Drone attack near southern Sudan market kills scores
Military

Drone attack near southern Sudan market kills scores

At least 80 people were killed in a drone strike near a market in Sudan’s southern West Kordofan state, a medical source and a witness said Monday. The strike in the town of Al-Dibab on Sunday evening is among the deadliest single attacks since war...

France 24
Your Appliance Broke?
Reliable Repair for