US special forces soldier arrested for betting on Venezuela raid

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Master Sgt. Gannon Ken Van Dyke allegedly used classified operation-planning data to pocket over $400,000 on Polymarket

A US Army Green Beret has been arrested on charges that he used classified information from the operation to capture Venezuelan leader Nicolas Maduro to place high-stakes bets on prediction markets already rocked by billions of dollars in suspiciously timed wagers during the US-Israeli war on Iran.

Prosecutors say Master Sgt. Gannon Ken Van Dyke wagered some $32,000 on Polymarket and pocketed more than $400,000 by betting on Maduro’s removal from power, using insider knowledge from his role in planning and executing the January raid.

According to the Justice Department, Van Dyke faces charges including wire fraud, commodities fraud, and unlawful use of government information. The Commodity Futures Trading Commission filed a parallel complaint, while Polymarket said it flagged the suspicious activity itself and cooperated with investigators.

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