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- US Army soldier Gannon Ken Van Dyke was involved in the planning of US action in Venezuela.
- Prosecutors say he used classified information to place bets on Polymarket and win $400,000.
- Prosecutors announced his indictment on Thursday.
A US Army soldier was indicted Thursday on charges he used classified military information to make bets on the prediction market Polymarket, winning $400,000.
Gannon Ken Van Dyke, who worked out of Fort Bragg in North Carolina, was charged with felonies including fraud, larceny, and violations of restrictions around futures trading, federal prosecutors in Manhattan announced.
Van Dyke, prosecutors said, "was involved in the planning and execution of Operation Absolute Resolve," the military operation to capture Venezuela's Nicolas Maduro, "and had access to sensitive, nonpublic, classified information about that operation."
Prosecutor says he used that information to place 13 bets between December 27, 2025, and January 2, 2026 — wagering more than $33,000 — in which he had an affirmative position on the question of whether the US would take action in Venezuela or against Maduro.
He is accused of sending his winnings to a foreign cryptocurrency vault, then to an online brokerage account, and of taking steps to conceal his identity.
No attorney for Van Dyke was listed in the court docket.
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