US soldier charged with using classified intel to win USD 400K on Maduro raid is due in court

Raleigh, Apr 24 (AP) A US Army special forces soldier involved with the capture of Venezuelan President Nicolás Maduro is due in court Friday after being charged with using classified information about the mission to win more than USD 400,000 in an online prediction market.
    Federal prosecutors say Gannon Ken Van Dyke used his access to classified information about the operation to capture Maduro in January to win money on the prediction market site Polymarket.
    Van Dyke, who was stationed at Fort Bragg near Fayetteville, North Carolina, was charged Thursday with unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud and making an unlawful monetary transaction.
    He could face years in prison. A publicly listed phone number listed for Van Dyke isn't in service, and court records don't list an attorney for him yet.
    Van Dyke, 38, was involved in the planning and execution of capturing Maduro for about a month, according to the New York federal prosecutor's office. He signed nondisclosure agreements promising to not divulge “any classified or sensitive information” related to the operations, but prosecutors say he used this information to make a series of bets related to Maduro being out of power by January 31, 2026.
    “This involved a US soldier who allegedly took advantage of his position to profit off of a righteous military operation,” FBI Director Kash Patel said in a social media post.
    Polymarket, one of the largest prediction markets, said it found someone trading on classified government information, alerted the Justice Department and “cooperated with their investigation.”
    Massive profits from well-timed bets aroused public attention days after the raid in Venezuela and brought bipartisan calls for stricter regulation of the markets, where people can wager on just about anything.
    The Commodity Futures Trading Commission, the federal agency that regulates prediction markets, announced Thursday that it had filed a parallel complaint against Van Dyke.
    That complaint alleges that Van Dyke moved USD 35,000 from his personal bank account into a cryptocurrency exchange account on December 26 — a little over a week before US forces flew into Caracas and seized Maduro.
    Van Dyke made a series of bets on when Maduro might be removed from power, according to the complaint. He placed those bets between December 30 and January 2, with the vast majority occurring the night of January 2 — just hours before the first missiles struck Caracas.
    The bets resulted in “more than USD 404,000 of profits,” the complaint says.
    “The defendant was entrusted with confidential information about US operations and yet took action that endangered US national security and put the lives of American service members in harm's way,” said Michael Selig, the commission's chairman. (AP)
    
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(This story has not been edited by THE WEEK and is auto-generated from PTI)