US Army Sergeant Faces Federal Fraud Charges Over Insider Trading Bets on Venezuelan President

Master Sergeant Gannon Ken Van Dyke has pleaded not guilty to fraud charges after allegedly using classified mission intelligence to profit four hundred thousand dollars from gambling bets on a prediction market.The federal case involves wagers on the ouster of Venezuelan President Nicolás Maduro placed on Polymarket, representing the first prosecution of insider trading on a prediction platform.The defendant, who participated in the January raid to capture Maduro, faces five criminal counts including wire fraud and commodities fraud.
Published:16h |Updated:10h
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