A U.S. Army soldier has been charged with using classified information about the timing of the capture of then-Venezuelan President Nicolas Maduro to make more than $400,000 trading on Polymarket¡¯s prediction market, the Justice Department said Thursday.
Gannon Ken Van Dyke, 38, a special forces soldier stationed at Fort Bragg in Fayetteville, North Carolina, was involved in the planning and execution of Operation Absolute Resolve, a military effort to capture Maduro, the U.S. said.
Prosecutors said that around Dec. 26, Van Dyke created and funded a Polymarket account, and began trading on contracts tied to whether Maduro would be out as Venezuela¡¯s leader. He placed a total of about 13 bets from Dec. 27 through the evening of Jan. 2 all taking ¡°YES¡± positions on various Maduro-related questions posed by the trading platform, which allows users to wager on the outcome of real-world events.
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