Back to Feed
Tech▼ 60
US Arrests Soldier for Polymarket Bet Scheme
The Verge·
A US soldier has been arrested for allegedly profiting over $400,000 from insider trading on Polymarket. The soldier, Gannon Ken Van Dyke, is accused of using confidential government information related to the operation to capture Venezuelan president Nicolas Maduro. Prosecutors allege Van Dyke was involved in 'Operation Absolute Resolve' and made significant bets on the outcome before Maduro's capture. This case highlights the potential for misuse of sensitive information for personal financial gain, even within military operations.
Tags
regulation
crypto
Original Source
The Verge — theverge.com