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Gannon Ken Van Dyke

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politics3 months ago•12 min saved

60 Minutes Uncovers Surge in Insider Trading Linked to U.S. Military Conflicts

60 Minutes reports that prediction markets are seeing a surge in insider trading around U.S. military actions, highlighted by the indictment of Master Sgt. Gannon Ken Van Dyke for allegedly profiting about $400,000 on Polymarket using non-public information; analysts identify a larger pattern, with nine linked accounts earning about $2.4 million on military bets and unusually high win rates on long-shot wagers, prompting questions about enforcement and legal risk.

via Mediaite|

#60-minutes #gannon-ken-van-dyke #insider-trading

world4 months ago•14 min saved

Army Special Forces Soldier Charged Over $400K Maduro Raid Bets

A U.S. Army Special Forces soldier, Gannon Ken Van Dyke, was arrested in New York and charged with insider trading, wire fraud and unlawful monetary transaction after allegedly using classified information from the Maduro raid to place more than a dozen Polymarket bets on Maduro’s capture, profiting about $410,000 before the operation was publicly announced.

via The Independent|

#donald-trump #gannon-ken-van-dyke #insider-trading

crime4 months ago•8 min saved

Army Soldier Accused of Using Classified Intel to Profit on Maduro Prediction Bets

An active-duty U.S. Army soldier, Gannon Ken Van Dyke, allegedly used nonpublic classified information about a planned operation to capture Nicolás Maduro to place bets on Polymarket, profiting about $410,000; he is charged by indictment with multiple counts including commodities fraud, wire fraud, and unlawful monetary transaction.

via Department of Justice (.gov)|

#classified-information #crime #gannon-ken-van-dyke