US soldier pleads not guilty in $400k insider betting case over Maduro ouster

1 min read
Source: The Guardian
US soldier pleads not guilty in $400k insider betting case over Maduro ouster
Photo: The Guardian
TL;DR Summary

A Fort Bragg-based master sergeant, Gannon Van Dyke, pleaded not guilty to five federal charges after allegedly using confidential government information to place about $33,000 in bets on Maduro’s ouster via Polymarket, resulting in about $400,000 in winnings. The case is the first DOJ insider-trading action tied to a prediction market, with civil charges from the CFTC; Van Dyke was released on a $250,000 bond as the prosecution proceeds under Judge Margaret Garnett.

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