US Arrests Green Beret Over Alleged Insider Trading on Venezuela Raid
The US Department of Justice has arrested a senior Army official for allegedly using confidential government information to place wagers on a military operation in Venezuela. Master Sergeant Gannon Ken Van Dyke, a member of the US Army Special Forces, also known as the Green Berets, has been charged with unlawfully using nonpublic government information for personal gain and fraud. According to the indictment, Van Dyke created a Polymarket account in December 2025 and placed 13 bets on contracts related to the potential US invasion of Venezuela and the removal of Nicolas Maduro, winning around $400,000. The US Commodity Futures Trading Commission is also pursuing an insider trading complaint against Van Dyke. The defendant allegedly attempted to conceal his identity by asking Polymarket to delete his account and changing his email address. The case has drawn attention from US President Donald Trump, who expressed his disapproval of the use of confidential information for betting purposes.