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DOJ Charges Soldier Behind 'Burdensome-Mix' in First U.S. Polymarket Insider Trading Case
The Justice Department charged Master Sgt. Gannon Ken Van Dyke after prosecutors alleged he turned about $33,034 in Polymarket bets into about $409,881 by trading on classified information about the January raid that captured Nicolás Maduro. The indictment says Van Dyke placed 13 YES bets across four Venezuela-related contracts between December 27, 2025 and January 3, 2026. The case is the first criminal insider trading prosecution in U.S. history against a prediction market participant, and Van Dyke faces five federal counts.