International
US Special Forces Soldier Arrested Over $400K Maduro Raid Betting Scandal
A United States Special Forces soldier has been arrested and charged after allegedly using classified military intelligence to make more than $400,000 from bets tied to the capture of Venezuelan leader Nicolás Maduro.
According to U.S. prosecutors, the soldier identified as Master Sgt. Gannon Ken Van Dyke was directly involved in planning and executing the covert January 3, 2026 operation that led to Maduro’s capture.
Authorities say he exploited insider knowledge of the mission to place strategic wagers on a prediction market platform, correctly betting on Maduro’s removal from power.
The operation is widely reported as a high-risk U.S. military raid in Caracas, which resulted in Maduro being taken into custody and transported to the United States to face federal charges.
Investigators allege that Van Dyke placed multiple bets in late December 2025 and early January 2026 using non-public information, earning profits estimated at over $400,000. He reportedly attempted to conceal his identity by using cryptocurrency accounts, VPNs, and deleting transaction records after the raid.
The U.S. Department of Justice has charged him with wire fraud, commodities fraud, and unlawful use of classified information. If convicted, he could face decades in prison.
Officials have described the case as a serious breach of national security and one of the first major insider trading prosecutions involving prediction markets, an emerging digital platform that allows users to bet on real-world events.
The case has also sparked wider concerns about the misuse of sensitive government intelligence for personal financial gain, particularly as prediction markets grow in popularity and regulatory scrutiny intensifies.
