Army Sgt. Pleads Not Guilty to Polymarket Insider Charges

A U.S. Army Special Forces master sergeant pleaded not guilty in Manhattan federal court on Tuesday to charges that he used classified information about a covert operation to capture Venezuelan President Nicolas Maduro to profit more than $400,000 on the prediction market platform Polymarket.

Gannon Ken Van Dyke, 38, stationed at Fort Bragg, North Carolina, faces five federal counts, including unlawful use of confidential government information for personal gain, theft of nonpublic government information, three violations of the Commodity Exchange Act, wire fraud, and an unlawful monetary transaction. If convicted on all charges, he could face up to 60 years in prison. Judge Margaret Garnett released him on $250,000 bond, ordering him to surrender his passport and firearms and restricting his travel to North Carolina, New York, and California. His next court appearance is scheduled for June 8.

Prosecutors allege Van Dyke, who participated in the planning and execution of Operation Absolute Resolve, signed nondisclosure agreements barring him from disclosing sensitive details. The raid on Maduro's Caracas compound occurred on January 3, 2026, leading to the president's capture...