U.S. soldier charged for betting on Maduro's capture
A U.S. soldier has been arrested for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolás Maduro. The soldier may face significant prison time if convicted. (sources: fortune, abc, theguardian, pbs, cbsnews)
The soldier reportedly made over $400,000 on prediction market bets related to Maduro's capture. Authorities have charged him with using sensitive information to place these wagers.
- A master sergeant in the Army joined in 2008.
- In early January 2023, the soldier allegedly used classified information to place bets on Polymarket regarding Maduro's capture.
- He may face up to 60 years in prison if convicted.
Why it matters
This case raises concerns about the potential misuse of classified information for personal gain.
↓ Why this is on ModernAction
This story is connected to Public Integrity in Financial Prediction Markets Act of 2026 — legislation your representatives will vote on.
HR7004 · 119th Congress
Public Integrity in Financial Prediction Markets Act of 2026
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About this bill
What HR7004 actually does
This story is about US soldier charged with making $560,000 on Maduro removal bets. This bill would make it unlawful for covered federal officials/employees to trade certain prediction-market contracts when they have (or.
If passed, it would:
- Make it unlawful for covered federal officials/employees to trade certain prediction-market contracts when they have • Define “prediction market contract” and “covered transaction” for government-action/political-outcome event contracts.
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