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International Business Times UK
International Business Times UK
World
Marie Joy Toledo

Special Forces Soldier Arrested After $400,000 Polymarket Bets on Maduro's Removal Trigger DOJ Insider Trading Investigation

A US Special Forces soldier has been arrested by federal authorities (photo for illustrative purposes only) (Credit: Daniel/Unsplash)

A US Special Forces soldier has been arrested by federal authorities after allegedly making more than $400,000 (£297,160) in profits from prediction market bets on Polymarket linked to the removal of Venezuelan President Nicolás Maduro, according to sources familiar with the case.

Prosecutors are investigating whether the trades were based on classified information from a covert military operation, marking what officials describe as a rare insider trading-style case involving a prediction market platform.

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