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Gannon Van Dyke

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Army Sergeant Charged in Polymarket Insider Trading Case
business3 months ago

Army Sergeant Charged in Polymarket Insider Trading Case

US Army Special Operations sergeant Gannon Van Dyke pleaded not guilty in a Manhattan federal court to felony charges alleging he used confidential military information to win about $409,000 on the Polymarket prediction market related to the Maduro operation. A judge set bail at $250,000 with firearm surrender and travel restrictions to California, New York, and North Carolina. Prosecutors say he placed 13 bets totaling $33,000 between Dec 27, 2025 and Jan 2, 2026, with Polymarket flagging his winnings. He faces counts including unlawful use of confidential government information for personal gain, theft of non-public information, commodities fraud, wire fraud, and money laundering; he remains on leave from the Army and is due back in court on June 8.

US soldier pleads not guilty in $400k insider betting case over Maduro ouster
us-crime3 months ago

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

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.

crime4 months ago

Army Special Forces Sergeant Charged in Insider Bets Linked to Maduro Raid

U.S. Army Special Forces Master Sgt. Gannon Ken Van Dyke was indicted on wire fraud and related charges for allegedly using insider information about the Jan. 3 Maduro raid to win about $410,000 on Polymarket; he was released on unsecured bond, Kalshi had blocked his account, and a CFTC civil suit alleges he tried to open a rival market account to trade on Maduro-related events.