US soldier charged in classified intel betting scheme tied to Maduro raid
Washington — A U.S. Army soldier has been charged with using classified information from a military operation targeting Venezuelan President Nicolas Maduro to place winning bets exceeding $400,000 on an online prediction market, federal prosecutors said on Thursday.
Gannon Ken Van Dyke, 38, allegedly exploited sensitive details from a January mission to capture Maduro, using insider knowledge to place wagers on the platform Polymarket, according to the U.S. Attorney’s Office in New York.
Prosecutors said Van Dyke participated in the planning and execution of the operation for about a month starting Dec. 8, 2025, during which he had access to classified material.He faces multiple charges, including unlawful use of confidential government information for personal gain, theft of nonpublic information, commodities fraud, wire fraud, and engaging in unlawful monetary transactions.
If convicted, he could face a lengthy prison sentence.According to the indictment, Van Dyke created an account on Polymarket in late December and placed around 13 bets, taking positions on outcomes such as the presence of U.S. forces in Venezuela and Maduro being removed from power by Jan. 31, 2026.
Officials allege that after securing the winnings, Van Dyke transferred much of the funds into a foreign cryptocurrency account before moving them into a brokerage account. He also attempted to have his Polymarket account deleted, claiming he had lost access to the associated email, prosecutors said.
Van Dyke, a Master Sergeant promoted in 2023, was part of the U.S. special forces community and stationed at Fort Bragg in North Carolina. The indictment states he had signed nondisclosure agreements prohibiting the disclosure or misuse of classified or sensitive operational information.
Kash Patel said the case underscores accountability for individuals entrusted with national security information. “Any clearance holders thinking of cashing in their access and knowledge for personal gain will be held accountable,” he said in a statement.
The case follows heightened scrutiny of prediction markets after reports earlier this month identified suspiciously accurate bets tied to geopolitical developments, prompting warnings from the White House against the misuse of nonpublic information in such platforms.
The Pentagon referred inquiries to the Army and the Department of Justice, while U.S. Special Operations Command did not immediately respond to requests for comment.
