US Authorities Arrest Army Green Beret Over Alleged $400,000 Betting Scandal on Venezuela Raid

The US Department of Justice has arrested an active-duty Army master sergeant for allegedly using classified information to place bets on a military operation in Venezuela, resulting in significant financial gains. Gannon Ken Van Dyke, a member of 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 multiple bets on the outcome of the Venezuela raid, winning approximately $400,000. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke, alleging that his actions endangered US national security and put American service members' lives at risk. Van Dyke's arrest follows an investigation into his activities, during which he allegedly attempted to conceal his identity and withdraw his winnings. The case has drawn attention to the use of prediction markets and the potential risks of insider trading, with US President Donald Trump expressing concerns about the practice.