A US soldier named Gannon Ken Van Dyke is in custody, charged by the Southern District of New York with using classified government information to profit on prediction market bets around the capture of Venezuelan president Nicolas Maduro.
The indictment alleges Van Dyke was directly involved in planning and executing Operation Absolute Resolve, the operation that captured Maduro, and purchased $33,934 worth of YES shares on Polymarket before the capture, ultimately netting over $400,000 in profit.
The full indictment details how prosecutors reconstructed his trades against his operational knowledge, and that reconstruction is what makes this worth reading: it is a documented case of insider trading using classified military intelligence, a category of financial crime with almost no legal precedent.
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