US Authorities Arrest Army Green Beret Over Alleged Insider Trading on Venezuela Raid

The US Department of Justice has arrested a high-ranking Army officer for allegedly using classified information to place wagers on a military operation in Venezuela. Master Sergeant Gannon Ken Van Dyke, an active-duty soldier with the US Army Special Forces, is charged with unlawfully using confidential government information for personal gain, theft of non-public government information, and fraud. According to the indictment, Van Dyke created a Polymarket account and placed 13 bets on contracts related to the US military operation in Venezuela, winning approximately $400,000. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The case has sparked concerns about national security and the use of confidential information for personal gain. The US President has commented on the allegations, expressing disapproval of the concept of prediction market betting using confidential information.