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US soldier pleads not guilty to charges of gambling on Maduro ouster

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#insider trading#prediction markets#nicolas maduro#gannon van dyke#us army
US soldier pleads not guilty to charges of gambling on Maduro ouster
⚡ TL;DR · AI summary

A U.S. Army soldier, Gannon Van Dyke, pleaded not guilty to federal charges of using classified information to profit from bets on the ousting of Venezuelan President Nicolás Maduro. Prosecutors allege he made $400,000 on Polymarket by betting on events tied to a January 2026 raid he helped plan. The case marks the first insider trading prosecution involving a prediction market. Van Dyke, a Special Forces master sergeant, faces multiple criminal counts including fraud and unlawful use of government information.

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Korea Times News
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Gannon Ken Van Dyke, a soldier who is charged with using his access to classified information about the operation to capture Venezuelan President Nicolas Maduro in January to win money on Polymarket, walks near a federal court building in New York on Tuesday. AP-YonhapNEW YORK — The U.S. Army soldier charged with winning $400,000 by using insider information to bet on the removal of ousted Venezuelan President Nicolas Maduro pleaded not guilty to fraud charges on Tuesday.Gannon Van Dyke, 38, entered the plea before U.S. District Judge Margaret Garnett's courtroom in Manhattan.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Korea Times News.

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