US Authorities Arrest Green Beret for Allegedly Betting on Venezuela Raid

The US Department of Justice has arrested a high-ranking Army official for allegedly using classified information to place bets on a military operation in Venezuela. Master Sergeant Gannon Ken Van Dyke is accused of using his knowledge of the operation to place $33,000 in bets, which yielded approximately $400,000 in winnings. The indictment alleges that Van Dyke created a Polymarket account and placed multiple bets on the outcome of the operation, including whether US forces would land in Venezuela and remove President Nicolas Maduro. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. According to the indictment, Van Dyke attempted to conceal his identity and the source of his winnings by withdrawing the funds, converting them to cryptocurrency, and transferring them to a brokerage account. The case has drawn attention from US President Donald Trump, who expressed concerns about the use of confidential information for personal gain. The incident has also raised questions about the use of prediction markets and the potential risks of insider trading.