US soldier charged with using classified intel for betting profits
A US soldier faces charges for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolás Maduro. The soldier has been granted bond following the charges. (sources: ap, fortune, abc, theguardian, pbs)
The soldier reportedly made over $400,000 in wagers on a prediction market related to Maduro's capture. The case raises questions about the use of sensitive information for personal gain.
- The soldier, Gannon Ken Van Dyke, is a master sergeant in the Army.
- Van Dyke allegedly used classified information to place bets on Polymarket regarding Maduro's capture.
- The soldier was charged with making over $400,000 in profits from these bets.
Why it matters
The case highlights potential ethical and legal issues surrounding the use of classified information in personal financial activities.
↓ 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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