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Army Soldier Charged With Classified Info Prediction Market Fraud

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U.S. Army soldier Gannon Ken Van Dyke faces charges after allegedly using classified information about Operation Absolute Resolve to profit from $33,034 in bets on Polymarket, a prediction marketplace. The soldier reportedly traded on his knowledge of the Maduro capture mission before it became public, betting on outcomes he knew would occur.

According to authorities, Van Dyke accessed sensitive military planning details and placed approximately 13 wagers on whether U.S. forces would enter Venezuela and Maduro would be removed by January 31, 2026. After the successful operation in Caracas, Venezuela, Van Dyke allegedly won $409,881 from his trades.

Prosecutors emphasized that prediction markets cannot serve as venues for insider trading with classified information. Van Dyke now faces charges including commodities fraud and wire fraud, each carrying maximum sentences of up to 20 years in prison, as authorities signal they will hold accountable those who misuse confidential government data for personal gain.