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The other life of US soldier accused of betting on Maduro's removal

The other life of US soldier accused of betting on Maduro's removal

Summary

Gannon Ken Van Dyke, a US Army Special Forces master sergeant, is accused of using secret military information to bet on the removal of Venezuelan President Nicolás Maduro. He faces charges for insider trading and fraud related to a covert US military operation in Venezuela.

Key Facts

  • Van Dyke is a master sergeant stationed at Fort Bragg, North Carolina.
  • He allegedly took part in planning and executing a secret military mission to capture Maduro.
  • He made bets worth about $33,934 on Polymarket betting platform, predicting Maduro’s removal.
  • Prosecutors claim Van Dyke earned over $400,000 from these bets.
  • He signed a non-disclosure agreement pledging to keep sensitive information secret.
  • Van Dyke also runs a real estate business and manages several rental properties.
  • He is charged with unlawful use of confidential information, theft, commodities fraud, wire fraud, and illegal money transactions.
  • A federal court will formally charge him in New York, and there is a related lawsuit from a federal agency about insider trading.
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