First Insider Trading Charge Over Polymarket Bet cover art

First Insider Trading Charge Over Polymarket Bet

First Insider Trading Charge Over Polymarket Bet

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A Special Forces operator at Fort Bragg just became the first person in US history charged with insider trading on a prediction market after allegedly turning classified intel about capturing Venezuela's Maduro into four hundred grand on Polymarket. Gannon Ken Van Dyke bet thirty-three thousand on "Maduro out by January 31st" hours before missiles hit Caracas, then tried scrubbing his account when he cashed out. The feds are throwing the book at him with forty-plus years possible, but here's the thing—nobody's totally sure if laws written before crypto prediction markets even existed actually cover this, and Trump's own Justice Department is prosecuting while he's on record saying he never liked the whole betting thing anyway.
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