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A US soldier was arrested for placing bets on Polymarket using secret information about an operation to detain former Venezuelan president Nicolas Maduro, in which he participated.
Over one week, he made 13 bets, investing approximately $33,000 and turning it into about $400,000.
After winning, he tried to cover his tracks by converting the funds into USDC and withdrawing them through wallets and a brokerage account.
Polymarket detected suspicious activity and reported it to authorities.