{"id":2596297,"date":"2026-04-28T17:08:02","date_gmt":"2026-04-28T21:08:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/soldier-pleads-not-guilty-in-alleged-400000-maduro-bet-case\/"},"modified":"2026-04-28T17:09:03","modified_gmt":"2026-04-28T21:09:03","slug":"soldier-pleads-not-guilty-in-alleged-400000-maduro-bet-case","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/soldier-pleads-not-guilty-in-alleged-400000-maduro-bet-case\/","title":{"rendered":"Soldier pleads not guilty in alleged $400,000 Maduro bet case"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsoldier-pleads-not-guilty-in-alleged-400000-maduro-bet-case%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2596297&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>A U.S. Army soldier, Gannon Ken Van Dyke, pleaded not guilty in Manhattan federal court to charges alleging he used classified facts from Operation Absolute Resolve-the January raid that captured former Venezuelan leader Nicolas Maduro-to profit on prediction market bets. Prosecutors say the bets were placed in late December 2025 and early January on contracts tied to Maduro being removed from power and U.S. forces entering Venezuela, and that they paid out more than $400,000.  <\/p>\n<p>The case includes allegations of unlawful use of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bigoted-new-york-times-enlists-white-all-male-legal-scholars-to-attack-latina-female-judge-in-trump-raid-dispute\/\" title=\"Bigoted New York Times Enlists White, All-Male Legal Scholars To Attack Latina, Female Judge In Trump Raid Dispute\">confidential government information<\/a>, theft of nonpublic government information, commodities and wire fraud, and an unlawful monetary transaction. After the plea, a Biden-appointed judge released Van Dyke on a $250,000 bond, and his next court date is June 8. The Justice Department says this is its first criminal insider-trading case involving a prediction market, an industry regulators and lawmakers have increasingly debated over treatment and oversight.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<article class=\"fn-body\">\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/army\/\" type=\"post_tag\" id=\"1905\">U.S. Army<\/a> soldier Gannon Ken Van Dyke\u00a0pleaded not guilty Tuesday afternoon in <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/manhattan\/\" type=\"post_tag\" id=\"1284\">Manhattan<\/a> federal court after prosecutors accused him of using classified information tied to the U.S. operation to capture former Venezuelan dictator <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/nicolas-maduro\/\" type=\"post_tag\" id=\"2252\">Nicolas Maduro<\/a>. <\/p>\n<p>Van Dyke, 38, faces charges of unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction after he won more than $400,000 by predicting the raid to capture Maduro. <\/p>\n<section class=\"explore-more-section\" id=\"wex-recommended-widget\">\n<div class=\"magazine-container single\">\n<h1 class=\"magazine-title mt-2\">Recommended Stories<\/h1>\n<p>             <i class=\"fa-solid fa-play icon\"><\/i>         <\/div>\n<div class=\"explore-grid\">\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4546514\/kash-patel-tim-walz-minnesota-federal-raids\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Patel tuts Walz after Minnesota governor takes credit for federal raids: \u2018Come again?\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4546253\/dan-bongino-fbi-scared-prison-hannity\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Bongino says he\u2019s \u2018scared\u2019 of winding up in federal prison: \u2018They\u2019re coming for me\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4546219\/judge-excoriates-elon-musk-posting-about-openai-case-threatens-gag-order\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Judge excoriates Musk for posting about OpenAI case and threatens gag order<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p>Biden-appointed U.S. District Judge Margaret Garnett released Van Dyke on a $250,000 bond following his Tuesday plea. <\/p>\n<div class=\"article-paywall\">\n<p>Federal prosecutors say Van Dyke participated in the planning and execution of Operation Absolute Resolve, the January raid that resulted in Maduro\u2019s capture. <\/p>\n<p>\u201cVan Dyke used his access to classified information about that operation to personally profit,\u201d said a <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.justice.gov\/usao-sdny\/pr\/us-soldier-charged-using-classified-information-profit-prediction-market-bets\">press release<\/a> from the Department of Justice. <\/p>\n<p>According to the indictment, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/decorated-vietnam-war-veteran-appeals-to-biden-for-medal-of-honor\/\" title=\"Decorated Vietnam War Veteran Appeals to Biden for Medal of Honor\">special forces soldier<\/a> placed roughly $33,034 in bets between late December 2025 and early January on contracts tied to Maduro being removed from power and U.S. forces entering <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/venezuela\/\" type=\"post_tag\" id=\"910\">Venezuela<\/a>. The bets paid out more than $400,000 once the operation was carried out. <\/p>\n<p>The case marks the first time the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/department-of-justice\/\" type=\"post_tag\" id=\"438\">Justice Department<\/a> has <a href=\"https:\/\/amzn.to\/3YuVZYV\" >brought criminal insider-trading charges involving<\/a> a prediction market, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crypto-exchange-kraken-has-no-u-s-sec-registration-plans-says-incoming-ceo\/\" title=\"Crypto exchange Kraken has no U.S. SEC registration plans, says incoming CEO\">fast-growing industry<\/a> that has faced mounting scrutiny from federal and state lawmakers. Regulators and policymakers have debated whether such markets should be treated more like financial exchanges, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gambling\/\" type=\"post_tag\" id=\"1280\">gambling<\/a> platforms, or a separate category altogether. <\/p>\n<p>Prediction markets allow users to buy contracts tied to real-world outcomes ranging from the weather to geopolitical events. Their rapid growth has also raised concerns over whether traders with privileged information, such as politicians, could improperly profit from world events.<\/p>\n<p>President <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" type=\"post_tag\" id=\"4\">Donald Trump<\/a> weighed in on the broader rise of prediction markets following Van Dyke\u2019s indictment last week.<\/p>\n<p>\u201cThe whole world, unfortunately, has become somewhat of a casino,\u201d Trump said. \u201cI don\u2019t like it conceptually, but it is what it is.\u201d<\/p>\n<p>\u201cIt\u2019s a crazy world; it\u2019s a much different world than it was,\u201d he added.<\/p>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4541395\/trump-world-casino-soldier-charged-maduro-bet\/\"><strong>TRUMP LAMENTS WORLD BECOMING \u2018CASINO\u2019 AFTER SOLDIER CHARGED IN MADURO RAID BET<\/strong><\/a><\/p>\n<p>The plea hearing took place in the same Manhattan federal courthouse where Maduro is also being prosecuted.<\/p>\n<p>Van Dyke was released on bond and is scheduled to return to court on June 8. He is represented by high-profile defense attorneys Mark Geragos and Tina Glandian.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. soldier Van Dyke pleads not guilty after insider trading charges linked to Maduro raid<\/p>\n","protected":false},"author":4195,"featured_media":2596298,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/AP26118710205899.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[32417,33211,33963,5894,50813],"class_list":["post-2596297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-court-case","tag-legal-news","tag-money-laundering","tag-politics","tag-venezuela-2"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/04\/AP26118710205899.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/4195"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2596297"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596297\/revisions"}],"predecessor-version":[{"id":2596301,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2596297\/revisions\/2596301"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2596298"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2596297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2596297"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2596297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}