Charts
DataOn-chain
VIP
Market Cap
API
Rankings
CoinOSNew
CoinClaw🦞
Language
  • 简体中文
  • 繁体中文
  • English
Leader in global market data applications, committed to providing valuable information more efficiently.

Features

  • Real-time Data
  • Special Features
  • AI Grid

Services

  • News
  • Open Data(API)
  • Institutional Services

Downloads

  • Desktop
  • Android
  • iOS

Contact Us

  • Chat Room
  • Business Email
  • Official Email
  • Official Verification

Join Community

  • Telegram
  • Twitter
  • Discord

© Copyright 2013-2026. All rights reserved.

简体繁體English
|Legacy

US Soldier Charged for Alleged $400K Polymarket Insider Trading on Maduro Removal

CN
Decrypt
Follow
1 hour ago
AI summarizes in 5 seconds.

A U.S. Army soldier stationed at Fort Bragg, North Carolina, was charged Thursday with using classified military intelligence to trade on Polymarket around the January removal of Venezuelan President Nicolás Maduro, marking the first major case of alleged insider trading on crypto prediction markets using U.S. government secrets.


Gannon Ken Van Dyke, 38, allegedly accessed classified information about Operation Absolute Resolve—a military operation targeting Maduro—and placed 13 bets on Venezuela-related outcomes between December 26, 2025 and January 2, 2026, according to court documents.


U.S. special forces apprehended Maduro and his wife at a Caracas residence during predawn hours on January 3. Hours later, the President announced the successful operation. Van Dyke's bets, which totaled $33,034 in initial investment, generated profits of $409,881.


The gains grabbed headlines in January, though it was not initially clear who had made the bets. However, the outsized success raised suspicions of insider trading.





Three days after the operation's announcement, Van Dyke contacted Polymarket requesting deletion of his account, falsely claiming he had lost access to the associated email address, the same filing shows. Federal prosecutors emphasized that traditional insider trading laws apply to decentralized prediction markets.


“Prediction markets are not a haven for using misappropriated confidential or classified information for personal gain,” said U.S. Attorney Jay Clayton, in a statement. “The defendant allegedly violated the trust placed in him by the United States Government by using classified information about a sensitive military operation to place bets on the timing and outcome of that very operation, all to turn a profit.”


“That is clear insider trading and is illegal under federal law. Those entrusted to safeguard our nation’s secrets have a duty to protect them and our armed service members, and not to use that information for personal financial gain. Our Office will continue to hold accountable those who misuse confidential or classified information in a way that undermines and exploits our national security.”


Acting Attorney General Todd Blanche noted that enforcement will adapt to emerging crypto platforms. "Widespread access to prediction markets is a relatively new phenomenon, but federal laws protecting national security information fully apply," Blanche said.


Van Dyke faces five federal charges, including three counts of violating the Commodity Exchange Act, wire fraud, and theft of nonpublic government information. The commodities violations each carry a maximum sentence of 10 years in prison, while the wire fraud charge carries up to 20 years, according to the Justice Department.


The CFTC filed its own complaint Thursday alongside the Department of Justice.


“I have been crystal clear that anyone who engages in fraud, manipulation, or insider trading in any of our markets will face the full force of the law,” said CFTC Chairman Michael S. Selig, in a statement.  “The defendant was entrusted with confidential information about U.S. operations and yet took action that endangered U.S. national security and put the lives of American service members in harm’s way.”


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

Selected Articles by Decrypt

2 hours ago
Anthropic Beats OpenAI on Secondary Markets With $1 Trillion Implied Valuation
3 hours ago
Google Maps Lets Filmmakers Scout Movie Scenes Using AI and Street View Data
4 hours ago
Meta Will Lay Off 8,000 Employees as AI Focus Intensifies
View More

Table of Contents

|
|
APP
Windows
Mac
Share To

X

Telegram

Facebook

Reddit

CopyLink

Related Articles

avatar
avatarbitcoin.com
8 minutes ago
Bitcoin ETF Inflows Turn Fully Positive Across Key Timeframes, Led by Blackrock’s IBIT
avatar
avatarbitcoin.com
50 minutes ago
Poland’s Largest Exchange Faces $350M Swindling Allegations
avatar
avatarbitcoin.com
1 hour ago
US DOJ Arrests Commando Involved in Maduro’s Removal Operation Over Insider Trading
avatar
avatarbitcoin.com
2 hours ago
Cryptoquant: KelpDAO Hack ‘Contagion’ Triggers Worst DeFi Liquidity Crunch Since 2024
APP
Windows
Mac

X

Telegram

Facebook

Reddit

CopyLink