The Korea Times
NEW YORK — The U.S. Army soldier charged with winning $400,000 by using insider information to bet on the removal of ousted Venezuelan President Nicolas Maduro arrived in court on Tuesday, where he is expected to be asked how he pleads to fraud charges. Gannon Van Dyke, 38, sported a shaved head and wore a black jacket, jeans and brown shoes as he arrived with his lawyers to U.S. District Judge Margaret Garnett's courtroom in Manhattan. Last week, Van Dyke was arrested on a federal indictment charging him with placing $33,000 in bets on prediction market Polymarket between December 27, 2025, and January 2, 2026, that Maduro would soon be out of office and that U.S. forces would soon enter Venezuela. Markets at the time assigned low probabilities to those events, leading to a big payout for Van Dyke, prosecutors said. The case marks the first time the Justice Department has filed insider trading charges involving a prediction market. The Commodity Futures Trading Commission also filed civil charges against Van Dyke. Van Dyke, a master sergeant with U.S. Army Special Forces who is station
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