Overview
- Federal prosecutors unsealed an indictment Thursday charging Army sergeant Gannon Ken Van Dyke with using secret details of the January 3 Venezuela raid to wager on Nicolás Maduro’s ouster.
- Investigators say he staked about $33,000 across 13 Polymarket contracts in December and early January and cleared roughly $409,881 when the operation succeeded.
- The indictment alleges he moved the winnings through a foreign cryptocurrency wallet before sending the funds to a brokerage account, a pattern prosecutors cite as part of the scheme.
- Charges include misuse and theft of government information, wire fraud, and illegal monetary transactions, and he faces up to 50 years in prison if convicted.
- Polymarket says it flagged the activity and aided investigators, as the case heightens scrutiny of prediction markets and other suspicious trades tied to U.S. military actions with no public evidence linking the president’s inner circle to this indictment.