US Authorities Arrest Army Green Beret Over Alleged $400,000 Insider Trading on Venezuela Raid

The US Department of Justice has arrested a master sergeant in the Army's Special Forces, alleging that he utilized sensitive information about a forthcoming military operation in Venezuela to place bets, ultimately winning around $400,000. Gannon Ken Van Dyke has been charged with unlawfully using confidential government information for personal gain, theft of non-public information, and fraud. According to the indictment, Van Dyke created a Polymarket account and placed multiple bets on the success of the operation, including the removal of Nicolas Maduro. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The case has drawn attention due to the significant profit made from the bets, which was noticed by news organizations, prompting Van Dyke to attempt to conceal his identity. The incident has sparked comments from US President Donald Trump, who expressed disapproval of the practice of betting on sensitive information.