US Army Green Beret Arrested for Allegedly Placing Bets on Venezuela Raid

The US Department of Justice has arrested a master sergeant in the Army for allegedly using confidential government information to place bets on a military operation in Venezuela. The sergeant, Gannon Ken Van Dyke, is accused of using his knowledge of the forthcoming raid to place $33,000 in bets on Polymarket, winning around $400,000. According to the indictment, Van Dyke created a Polymarket account in December 2025 and placed 13 bets on contracts related to the US military operation in Venezuela. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The case has drawn attention from US President Donald Trump, who expressed his disapproval of betting on sensitive information. Van Dyke allegedly attempted to conceal his identity by asking Polymarket to delete his account and changing his email address.