US prosecutors charge soldier over $409,000 in Polymarket bets
US federal authorities charged Army Master Sgt. Gannon Ken Van Dyke with using classified information to bet on Polymarket before the public announcement of Nicolás Maduro’s capture. Prosecutors allege he wagered about $33,000 and made roughly $409,000 in profit; the charges include commodities fraud and wire fraud. Polymarket said it flagged the trades and co-operated with investigators.
The prosecution puts the use of confidential information on prediction markets under scrutiny for platforms and regulators.