A US Army special forces soldier has been charged with using classified information about the capture of Venezuelan President Nicolás Maduro to make more than $409,000 (£303,000) in profits on the online prediction market Polymarket. Master Sgt Gannon Ken Van Dyke, 38, an active-duty soldier stationed at Fort Bragg in North Carolina, allegedly used his involvement in the planning and execution of a US military operation to place winning bets on the platform.
The indictment unsealed on Thursday alleges he bet approximately $33,000 (£24,500) on contracts related to Maduro's detention. The case has highlighted the risks posed by prediction markets when insiders have access to non-public information about major geopolitical events.
