Nicolás Maduro and his spouse, Cilia Flores, are seen in handcuffs after touchdown at a Manhattan helipad, escorted by closely armed Federal brokers as they make their means into an armored automobile en path to a Federal courthouse in Manhattan on Jan. 5, 2026 in New York Metropolis.
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A U.S. Military Particular Forces grasp sergeant was arrested for allegedly utilizing labeled data to make extraordinarily worthwhile bets on the Polymarket prediction market associated to the American army mission that captured Venezuelan chief Nicolás Maduro, the Division of Justice mentioned Thursday.
The sergeant, Gannon Ken Van Dyke, “was concerned within the planning and execution of Operation Absolute Resolve,” which apprehended Maduro and his spouse, Cilia Flores, in early January, the DOJ mentioned.
Van Dyke, 38, wagered a complete of about $33,000 in 13 or so bets within the week main as much as that operation, with the data that the USA was secretly planning army motion towards Maduro, in keeping with an indictment unsealed Thursday in U.S. District Courtroom in Manhattan.
The bets gained Van Dyke almost $410,000, the indictment alleges.
His arrest comes as Polymarket and Kalshi have grown in reputation and as issues have grown about folks with inside data making wagers on these prediction market platforms.
Polymarket, in a press release, mentioned, “Final month, we printed our enhanced market integrity guidelines to fight insider buying and selling.”
“After we recognized a person buying and selling on labeled authorities data, we referred the matter to the DOJ & cooperated with their investigation,” the corporate mentioned. “Insider buying and selling has no place on Polymarket. At present’s arrest is proof the system works.”
Van Dyke had been stationed at Fort Bragg in Fayetteville, North Carolina, which homes U.S. army particular forces concerned within the seize of Maduro and his spouse.
He’s anticipated to be introduced on Thursday night to a Justice of the Peace choose in federal courtroom for the Jap District of North Carolina.
Van Dyke is charged with three counts of violating the Commodity Trade Act, one depend of wire fraud, and one depend of illegal financial transaction. He faces a most doable sentence of 20 years in jail if convicted of the highest prison depend, wire fraud, and as much as 10 years in every of the remaining counts.
The Commodity Futures Buying and selling Fee, which regulates prediction markets, individually charged Van Dyke in a civil grievance for allegedly utilizing labeled nonpublic data to make the wagers associated to the Maduro seize mission.
Each the prison and civil instances towards Van Dyke have been filed in Manhattan federal courtroom — the identical courthouse the place Maduro is charged with narco-terrorism conspiracy, cocaine importation conspiracy, and weapons fees, and the place Flores is charged with cocaine conspiracy and weapons counts.
The prison indictment says that Van Dyke grew to become concerned within the planning of the Maduro mission on Dec. 8, and that on Dec. 26, he created a Polymarket account and commenced buying and selling on markets associated to questions on Maduro and Venezuela.
The indictment towards Van Dyke says he made his bets on Polymarket between Dec. 27 and Jan. 2, the eve of the raid on Caracas that ended with Maduro’s apprehension.
All of these wagers took a “YES” place on contracts that mentioned U.S. forces could be in Venezuela by Jan. 31, 2026; that Maduro could be out of workplace by that date; that the U.S would invade that nation by Jan. 31; or that President Donald Trump would invoke the Warfare Powers Act towards the nation by that date, the indictment says.
After his bets paid off, netting him a return of twelve instances the quantity he wagered, Van Dyke allegedly despatched most of his winnings to a overseas cryptocurrency vault earlier than depositing them into a brand new on-line brokerage account, the DOJ mentioned.
When information shops reported uncommon buying and selling in Maduro-related contracts on Polymarket — which matched the quantities detailed within the indictment wagered and gained by Van Dyke — “Van Dyke then took steps to hide his identification because the dealer within the Maduro- and Venezuela-related markets,” the DOJ mentioned.
“On or about January 6, 2026, for instance, Van Dyke requested Polymarket to delete his Polymarket account, falsely claiming that he had misplaced entry to the e-mail tackle to which the account had been related,” the DOJ mentioned.
“That very same day, Van Dyke modified the e-mail registered to his cryptocurrency trade account to an e mail tackle that was not subscribed to in his identify, and which he had created on or about December 14, 2025.”
Trump, when requested by a reporter on the White Home on Thursday about Van Dyke’s arrest and different instances of suspected insider buying and selling on prediction markets, mentioned, “You already know the entire world, sadly, has turn into considerably of a on line casino.”
“And also you have a look at what is going on on everywhere in the world, in Europe and each place, they’re doing these betting issues,” Trump mentioned. “I used to be by no means a lot in favor of it. I do not prefer it conceptually, however it’s what it’s … I am not proud of any of that stuff.”
Trump’s son, Donald Trump Jr., is “each an investor in and an unpaid adviser to Polymarket, and a paid adviser to Kalshi, the 2 greatest prediction markets,” The New York Instances famous in a report in January.
Appearing Lawyer Basic Todd Blanche, in a press release on Van Dyke’s arrest, mentioned, “Our women and men in uniform are trusted with labeled data in an effort to accomplish their mission as safely and successfully as doable, and are prohibited from utilizing this extremely delicate data for private monetary acquire.”
“Widespread entry to prediction markets is a comparatively new phenomenon, however federal legal guidelines defending nationwide safety data totally apply,” Blanche mentioned.
