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Soldier Charged $400K Insider Bet on Venezuela Outcome

4/24/2026

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Summary

Story summary

Gannon Ken Van Dyke, a U.S. soldier, was charged for using Jan 2026 intel to place Polymarket bets that earned $400,000.
He placed 13 “Yes” wagers that U.S. forces would be in Venezuela and President Nicolás Maduro would be out by Jan. 31 2026.
FBI Director Kash Patel said clearance holders who profit from knowledge will be held accountable.
The White House warned staff not to use private information for prediction-market trades.

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Story summary

Gannon Ken Van Dyke, a U.S. soldier, was charged for using Jan 2026 intel to place Polymarket bets that earned $400,000.
He placed 13 “Yes” wagers that U.S. forces would be in Venezuela and President Nicolás Maduro would be out by Jan. 31 2026.
FBI Director Kash Patel said clearance holders who profit from knowledge will be held accountable.
The White House warned staff not to use private information for prediction-market trades.