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U.S. soldier pleads not guilty to charges of gambling on capture of Maduro

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#nicolás maduro#prediction markets#insider trading#us military#polymarket
U.S. soldier pleads not guilty to charges of gambling on capture of Maduro
⚡ TL;DR · AI summary

A U.S. Army soldier, Gannon Van Dyke, pleaded not guilty to federal charges including fraud and misuse of confidential information related to a $400,000 bet on the prediction market Polymarket that former Venezuelan President Nicolás Maduro would be removed from power. Prosecutors allege Van Dyke used insider knowledge about a planned U.S. military raid that led to Maduro's capture in January 2026. He was arrested following an investigation triggered by Polymarket's reporting of suspicious activity, marking the Justice Department's first insider trading case involving a prediction market. Van Dyke, a Special Forces master sergeant, was released on $250,000 bond with travel restrictions and is scheduled for a court appearance in June.

Original article
The Globe and Mail
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Open this photo in gallery:Captured former Venezuelan president Nicolas Maduro arrives at the Downtown Manhattan Heliport in New York City on Jan. 5.Eduardo Munoz/ReutersShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe U.S. Army soldier charged with winning US$400,000 by using confidential information to bet on the removal of ousted Venezuelan President Nicolas Maduro pleaded not guilty to fraud charges on Tuesday.Gannon Van Dyke, 38, rose to stand as he entered the plea in U.S.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.

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