Army Soldier Indicted for Using Classified Intel to Profit From Maduro-Related Bets

1 min read
Source: Department of Justice (.gov)
Army Soldier Indicted for Using Classified Intel to Profit From Maduro-Related Bets
Photo: Department of Justice (.gov)
TL;DR Summary

A U.S. Army soldier, Gannon Ken Van Dyke, was indicted for allegedly using nonpublic classified information about a military operation (Operation Absolute Resolve to capture Nicolás Maduro) to place bets on Polymarket, profiting about $410,000. He allegedly created a Polymarket account, placed about 13 bets between December 27, 2025 and January 2, 2026, and attempted to conceal proceeds after the operation's public announcement. He faces multiple charges including three counts of violating the Commodity Exchange Act, one count of wire fraud, and one count of an unlawful monetary transaction, with a potential maximum of up to 70 years in prison. The case is being prosecuted in federal court by SDNY with cooperation from the FBI and Polymarket.

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