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The Latest Breaking News from Polymarket

US soldier used secret Maduro raid intel to win $400k betting jackpot, Trump reacts

A US Special Forces soldier, Gannon Ken Van Dyke, has been charged with exploiting classified intelligence from a covert mission to capture Venezuelan President Nicolas Maduro. He allegedly used this sensitive information to place bets on an online prediction market, Polymarket, profiting over $400,000.

The Times of India

U.S. special forces soldier arrested over Polymarket bets on Maduro raid

This appears to be the first prosecution for alleged insider trading on a prediction market.

Axios

US soldier charged with using classified information to bet on Maduro’s capture

IN FULL

The Independent UK

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US soldier involved in Maduro raid charged over alleged bets on capture

Gannon Ken Van Dyke, who allegedly made more than $400,000 on Polymarket, could face up to 60 years in prison

The Guardian - US

Who Is Gannon Ken Van Dyke? The US Special Forces Soldier Charged Over $400K Polymarket Bet

A US soldier is accused of using classified information to place bets on a military operation in Venezuela, raising concerns about national security information safeguards.

International Business Times UK

Busted! Feds charge U.S. Army soldier who made $400,000 from Polymarket bets tied to Maduro capture

The Justice Department said the solider made 13 bets on the basis of classified information he acquired from being part of the Venezuela operation.

Fortune

US special forces soldier arrested after Trump’s DOJ says he won $400,000 betting on Maduro raid

Gannon Ken Van Dyke is accused of making more than a dozen Polymarket bets on the capture of the ousted Venezuelan leader

The Independent UK

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‘Hairdryer or lighter?’: French police look at claim of sensor tampering to win weather bets

Forecasting service raises alarm over data from Paris airport used to settle Polymarket wagers on temperature

The Guardian - UK

Police investigate after claims ‘hair dryer used to manipulate weather sensor to win $34k bet’

Agencies suspect that a sensor at Charles de Gaulle airport in Paris was tampered with after suspicious bets were placed on Polymarket

The Independent UK

Hair dryer trick behind €25,000 win? France probes potential weather data scam linked to Polymarket

Officials in France have launched an investigation into the potential compromise of national weather sensors after a series of anomalous temperature readings coincided with betting activity on Polymarket.

Euronews

Logan Paul 'lowballed' as he sells WrestleMania chain

Logan Paul has sold the chain he wore at WrestleMania last weekend, but he wasn't happy.

BANG Premier

Investors are valuing Polymarket at a discount to archrival Kalshi—and its crypto ties could be one reason why

Polymarket is fundraising at a reported $15 billion valuation, while Kalshi was last valued at $22 billion.

Fortune

Prediction Markets and Social Gaming Under Legal Spotlight

Prediction markets and social games are turning the world into a casino.

inkl

Silicon Valley is building its own news-industrial complex

"Monitoring the Situation" has become one of the most viral and lucrative memes in tech.

Axios

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The Guardian - US

John Oliver on prediction markets: ‘Betting on war is really dark’

The Last Week Tonight host dug into the rapidly expanding, poorly regulated free-for-all of ‘prediction markets’ like Kalshi and Polymarket

The Guardian - UK

Polymarket in fundraising talks that could value the prediction platform at $15bn

Bets placed on Middle East conflict has led to US firm experiencing big increase in volume

Fortune

The crypto industry and prediction markets share a mission of disruption—but it’s not clear where crypto fits in

Big crypto players Coinbase and Robinhood view platforms like Polymarket and Kalshi as allies and rivals.

Fortune

Kalshi’s fight over sports betting is hurtling toward the Supreme Court—and the future of gambling is at stake

Kalshi is in a make-or-break fight to preserve a lucrative new prediction markets industry, expected to grow to over $200 billion this year.

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The Guardian - US

Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on?

Suspicious wagers on the US-Israel war in Iran are creating huge windfalls and raising concerns among lawmakers

Fortune

Fed chair nominee Kevin Warsh is worth more than $100 million and has stakes in SpaceX and Polymarket

Ahead of Warsh’s confirmation hearing next week, he disclosed his financial holdings.

International Business Times UK

Democrats Surge to 61% Chance of Winning 2028 Election as Early Forecast Signals Major Political Shift

Prediction markets indicate a Democratic advantage in the 2028 US presidential race, driven by Trump's low approval ratings and midterm election trends favoring Democrats.

The Independent UK

Eric Swalwell summoned by FBI as bets are placed on his arrest

IN FULL

The Independent UK

Kash Patel invites Eric Swalwell to speak to FBI over sexual assault claims as Polymarket launches odds on his arrest

Eric Swalwell has vehemently denied the claims against him, describing them as ‘false allegations’ in a statement

The Guardian - UK

Wednesday briefing: Why are people turning global crises into high‑stakes bets?

In today’s newsletter: Prediction markets are reshaping how people interact with world events, turning warfare into a tradable speculation

Roll Call

Betting against political prediction markets

The rise of political prediction markets and several well-timed trades have spurred lawmakers to introduce multiple bills aimed at stopping or regulating insider trading in prediction markets. But lawmakers are far from agreeing on how far to extend such bans. “Members of Congress should be prohibited from participating in prediction…

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