AB Kuai.Dong|Apr 24, 2026 02:31
Turned $30K into $400K—insider trading scandal exposed. A U.S. soldier who participated in the January operation to arrest Venezuela's president has been arrested and formally charged by federal agents.
The soldier is accused of betting on the outcome of the operation through the prediction market Polymarket, profiting $400K in the process.
According to the indictment, the sergeant, named Van Dyke, registered a Polymarket account in late December. Between December 27 and January 2, he placed a total of 13 bets, amounting to approximately $33K.
Some of these bets were made just hours before the operation. Federal authorities claim Van Dyke was involved in both the planning and execution of the arrest.
He now faces multiple charges, including illegally using classified government information for personal gain, theft of non-public government information, commodities fraud, wire fraud, and conducting illegal financial transactions—a total of five charges.
Looks like he’s going to be behind bars for a long time. #InsiderTrading #Polymarket #Scandal
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink