U.S. arrests Army green beret for $400,000 Polymarket bets on Venezuela raid he was in

CoinDesk5h agoUpdated 4h ago
U.S. arrests Army green beret for $400,000 Polymarket bets on Venezuela raid he was in
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U.S. Army Special Forces Master Sergeant Gannon Ken Van Dyke arrested for placing $400,000 in Polymarket bets on Venezuela raid he participated in. He allegedly used classified information to trade on Polymarket contracts predicting the operation's timing and outcome, turning $33,000 invested into $400,000 profit. DOJ and CFTC pursue insider trading charges. Van Dyke attempted concealing winnings through cryptocurrency conversions and account deletion.

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