US Arrests Green Beret Over Alleged Insider Trading on Venezuela Raid

The US Department of Justice has arrested a master sergeant in the US Army, alleging that he used confidential government information to place wagers on a military raid in Venezuela, which led to the detention of former Venezuelan leader Nicolas Maduro. The sergeant, Gannon Ken Van Dyke, allegedly created a Polymarket account and placed multiple bets on the outcome of the raid, winning approximately $400,000. He has been charged with unlawfully using government information for personal gain, theft of non-public information, and fraud. According to the indictment, Van Dyke was involved in the planning and execution of the military operation and used his knowledge to inform his bets. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The case has sparked concerns about the use of classified information for personal gain and the potential risks to national security. Van Dyke's actions have been condemned by US officials, with the US Attorney stating that his actions constitute 'clear insider trading' and are illegal under federal law.