00:00It's Benzinga bringing Wall Street to Main Street.
00:02A U.S. Army Special Forces Master Sergeant was arrested for allegedly using classified information
00:08to place bets on the Polymarket prediction platform tied to the military operation that
00:12captured Nicolas Maduro, according to CNBC. Gannon Ken Van Dyke was involved in planning
00:18Operation Absolute Resolve and allegedly wagered about $33,000 across roughly 13 bets between
00:25December 27th and January 2nd, earning nearly $410,000. Polymarket said it identified a user
00:33trading on classified government information and referred the case to the DOJ while cooperating
00:38with the investigation. The company said insider trading has no place on its platform and called
00:44the arrest proof its system works. Van Dyke faces charges including wire fraud and violations of
00:50the Commodity Exchange Act. He also faces a civil complaint from the Commodity Futures Trading
00:55Commission and could face up to 20 years in prison on the top count. For all things money, visit
01:00Benzinga.com.
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