US Arrests Green Beret for Allegedly Betting on Venezuela Raid

The US Department of Justice has arrested a master sergeant in the Army for allegedly using classified information to place wagers on a military operation in Venezuela. Gannon Ken Van Dyke is accused of using his knowledge of the impending raid to place $33,000 in bets on Polymarket, ultimately winning around $400,000. According to the indictment, Van Dyke created a Polymarket account in December 2025 and made 13 bets between then and January 2026, anticipating the outcome of the US operation in Venezuela. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The defendant, an active-duty soldier with the US Army Special Forces, allegedly attempted to conceal his identity and bets by asking Polymarket to delete his account and changing his email address. The incident has drawn attention from US President Donald Trump, who expressed his disapproval of using confidential information for betting purposes.