{"id":2647978,"date":"2026-08-21T17:48:02","date_gmt":"2026-08-21T21:48:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/polymarket-flags-dozens-of-military-insider-trading-cases-to-doj-report\/"},"modified":"2026-08-21T17:57:11","modified_gmt":"2026-08-21T21:57:11","slug":"polymarket-flags-dozens-of-military-insider-trading-cases-to-doj-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/polymarket-flags-dozens-of-military-insider-trading-cases-to-doj-report\/","title":{"rendered":"Polymarket flags dozens of military insider trading cases to DOJ: Report"},"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\">22<\/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%2Fpolymarket-flags-dozens-of-military-insider-trading-cases-to-doj-report%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=2647978&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>Polymarket, a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-markets-and-crypto-high-on-agenda-of-agencys-new-leader\/\" title=\"Futures markets and crypto high on agenda of agency&#039;s new leader\">prediction market platform<\/a>, flagged several accounts suspected of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/former-gop-congressman-charged-with-insider-trading\/\" title=\"Former GOP Congressman Charged With ...\">insider trading related<\/a> too U.S. military operations, prompting investigation by the Justice department. These accounts, analyzed by watchdog group Anti-Corruption Data Collective, were categorized as whales, bots, small fish, and orcas, with the orca group showing signs of insider trading by making highly successful bets-earning $8 million with a 97.2% success rate-often created days before placing large wagers. Many such accounts focused on military and geopolitical events, including betting on the war with Iran and operations in Venezuela, where a military member wagered $33,000 and profited over $400,000 after predicting the capture of Nicol\u00e1s Maduro. The case highlights concerns about military insiders using prediction markets to profit from classified or privileged information, raising bipartisan calls to tighten regulations on government personnel betting on events related to their official duties. Prediction markets are increasingly covering sensitive topics like war and military actions, which raises alarms due to the potential for insider information to influence outcomes before the public is aware.  <\/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 class=\"wp-block-paragraph\"><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/predictions\/\" data-type=\"post_tag\" data-id=\"5625\">Prediction<\/a> market Polymarket flagged dozens of accounts displaying signs of insider trading on military operations to the<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/justice-department\/\" data-type=\"post_tag\" data-id=\"167\"> Justice Department<\/a>, a move that comes as the company faces scrutiny over traders profiting from <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gambling\/\" data-type=\"post_tag\" data-id=\"1280\">bets<\/a> tied to classified or tightly held U.S. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/military\/\" data-type=\"post_tag\" data-id=\"266\">military<\/a> operations.<\/p>\n<p class=\"wp-block-paragraph\">The referrals involved accounts later identified by watchdog group Anti-Corruption Data Collective, which analyzed publicly available Polymarket trading data, CNN <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.cnn.com\/2026\/08\/21\/politics\/polymarket-doj-military-prediction-market\" data-type=\"link\" data-id=\"https:\/\/www.cnn.com\/2026\/08\/21\/politics\/polymarket-doj-military-prediction-market\">reported<\/a>. The referrals were made prior to the watchdog publishing its findings this week.<\/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\/4696784\/polymarket-dozens-military-insider-trading-cases-doj\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Polymarket flags dozens of military insider trading cases to DOJ: Report<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4696662\/kris-mayes-no-evidence-quid-pro-quo-katie-hobbs-bribery-investigation\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Arizona attorney general says no evidence of quid pro quo in Katie Hobbs bribery investigation<\/h3>\n<p>                         <\/a>                     <\/div>\n<div class=\"explore-card\">                         <a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4696529\/ed-martin-leave-doj-election-legal-battles\/?itm_source=parsely-api\">                             <\/p>\n<div class=\"explore-thumb-wrap\">                                                                                                                                  <\/div>\n<h3>Trump announces Ed Martin will leave DOJ to fight election \u2018legal battles\u2019<\/h3>\n<p>                         <\/a>                     <\/div>\n<\/p><\/div>\n<\/section>\n<p class=\"wp-block-paragraph\">The Anti-Corruption Data Collective\u2019s report divides Polymarket users into four groups: whales, bots, small fish, and orcas. Whales spread resources across the platform to dominate markets, bots impersonate whales by working around the clock to identify viable bets, small fish are the everyday traders, and orcas are \u201chighly specialized, incredibly successful bettors.\u201d<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-1\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-1\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-15\" data-wex-ad=\"art-dsk-inart-1\"><\/div>\n<\/div>\n<\/div>\n<div class=\"article-paywall\">\n<p class=\"wp-block-paragraph\">The groups found that many of the users dubbed orcas often showed telltale signs of insider trading and identified 152 such accounts betting on military and geopolitical events. Together, the orca accounts earned $8 million and recorded a 97.2% success rate on certain high-stakes wagers, including markets related to the war with Iran. The report noted that many such accounts were created days before placing a longshot bet.<\/p>\n<p class=\"wp-block-paragraph\">The <em>Washington Examiner<\/em> reached out to Polymarket and the DOJ for comment.<\/p>\n<p class=\"wp-block-paragraph\">Concerns about military insiders using prediction markets intensified earlier this year after federal prosecutors charged an active-duty Army soldier with allegedly using classified information to place bets on Polymarket about U.S. operations in Venezuela.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-2\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-2\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-16\" data-wex-ad=\"art-dsk-inart-2\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">U.S. Army Special Forces soldier Gannon Ken Van Dyke, 38, wagered approximately $33,000\u00a0between late December 2025 and early January on contracts predicting\u00a0the capture of former Venezuelan dictator <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/nicolas-maduro\/\">Nicolas Maduro<\/a>. After the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ratcliffe-use-of-signal-was-permissible-lawful-washington-examiner\/\" title=\"Ratcliffe: Use of Signal was &#039;permissible,&#039; &#039;lawful&#039;- Washington Examiner\">military operation occurred<\/a>, the bets paid out more than $400,000.<\/p>\n<p class=\"wp-block-paragraph\"><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance\/4654481\/insider-trading-politics-war-speech-writing\/\" data-type=\"link\" data-id=\"https:\/\/www.washingtonexaminer.com\/policy\/finance\/4654481\/insider-trading-politics-war-speech-writing\/\">BETTING ON POLITICS: INSIDER TRADING INFILTRATES WAR PLANNING TO SPEECH WRITING <\/a><\/strong><\/p>\n<p class=\"wp-block-paragraph\">The new referrals suggest the Van Dyke case may not be an isolated event. The issue has also drawn congressional attention as lawmakers have pushed for tighter restrictions on government employees wagering on events related to their official duties.<\/p>\n<div class=\"wex-inarticle-ad wex-inarticle-ad-art-dsk-inart-3\">\n<div class=\"wex-ad-wrap wex-ad-art-dsk-inart-3\" style=\"min-height:90px\"><span class=\"wex-ad-label\" hidden>Advertisement<\/span><\/p>\n<div id=\"div-gpt-ad-3182201-17\" data-wex-ad=\"art-dsk-inart-3\"><\/div>\n<\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">Prediction markets have rapidly expanded beyond elections and sporting events to include highly specific questions about wars, military strikes, and government actions. That specificity has raised alarms because military personnel, intelligence officials, and contractors have privileged knowledge capable of shifting the value of a contract before the public learns it.<\/p>\n<\/div>\n<\/article>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polymarket reports insider trading on military bets to DOJ<\/p>\n","protected":false},"author":4130,"featured_media":2647979,"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\/05\/AP26106782911844.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[7076,42754,53193,4505,59471],"class_list":["post-2647978","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-doj","tag-financial-scandal","tag-insider-trading","tag-military","tag-polymarket"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/05\/AP26106782911844.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2647978","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\/4130"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2647978"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2647978\/revisions"}],"predecessor-version":[{"id":2647982,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2647978\/revisions\/2647982"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2647979"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2647978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2647978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2647978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}