US Arrests Green Beret Over Alleged $400,000 Bet on Venezuela Raid

The US Department of Justice has arrested an active-duty Army Special Forces soldier, known as a Green Beret, for allegedly using classified information to place bets on a military operation in Venezuela. The soldier, Gannon Ken Van Dyke, is accused of using his knowledge of the upcoming raid to place $33,000 in bets, which resulted in winnings of approximately $400,000. According to the indictment, Van Dyke created a Polymarket account in December 2025 and placed 13 bets on contracts related to the potential US military action in Venezuela. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The case has sparked concerns about the misuse of confidential information and the potential risks to national security. Van Dyke's actions have been condemned by US officials, with the US Attorney stating that the defendant's actions constituted 'clear insider trading' and were 'illegal under federal law.' The incident has also drawn attention to the use of prediction markets and the potential for individuals to use confidential information for personal gain.