U.S. Army soldier Gannon Ken Van Dyke, who was involved in the planning and execution of capturing Venezuelan President Nicolás Maduro, was charged last month with using classified intelligence to place bets on when the surprise operation would unfold. “If the allegations are true, this is one of the worst betrayals of trust in this area that I can remember and possibly ever,” says Rob Schwartz, a former official at the Commodity Futures Trading Commission. The Justice Department alleges Van Dyke made a series of wagers totalling roughly $34,000, including a half dozen the day before the raid. He ended up netting more than $400,000 in profit. According to the indictment, Van Dyke immediately withdrew his profit and then tried to delete his betting account on Polymarket, the world’s biggest online prediction market. He has pleaded not guilty and Polymarket says it cooperated with law enforcement. #predictionmarket #polymarket #betting #insidertrading
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