US soldier pleads not guilty over prediction trades on Maduro capture
Key takeaways
- Gannon Ken Van Dyke, who was charged with using confidential government information for personal gain, appeared in a Manhattan court for his arraignment, where he entered a not guilty plea.
- Federal officials allege that Van Dyke was involved in the planning of the Maduro raid and wagered about $33,000 on U.S.
- He faces three counts of violating the Commodity Exchange Act, one count of wire fraud and one count of an unlawful money transaction.
Why this matters: political developments that affect policy direction and public trust.
Army soldier accused of using classified information to place bets on Polymarket regarding the operation to capture Venezuelan President Nicolas Maduro pleaded not guilty to federal charges Tuesday, according to The Associated Press.
Gannon Ken Van Dyke, who was charged with using confidential government information for personal gain, appeared in a Manhattan court for his arraignment, where he entered a not guilty plea.
Federal officials allege that Van Dyke was involved in the planning of the Maduro raid and wagered about $33,000 on U.S. operations in Venezuela and Maduro s ouster in the days leading up to the event, raking in more than $400,000 in profits.