Maduro raid bet arrest fuels insider trading concerns
A U.S. special forces soldier who helped plan the January capture of Venezuelan President Nicolás Maduro was indicted last week for allegedly using classified information about the raid to make prediction market bets.
Master Sgt. Gannon Ken Van Dyke, who was stationed at Fort Bragg in North Carolina, won more than $400,000 on Polymarket by placing a series of bets about Maduro’s removal.
U.S. Attorney for the Southern District of New York Jay Clayton said in a statement that Van Dkye engaged in “clear insider trading.”
The indictment is raising new concerns about insider trading and the need for regulation.
Amna Nawaz spoke to PBS News’ Liz Landers and Rolling Stone’s David Hill for more.
Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show.
Sign up for Here’s The Deal with Lisa Desjardins: https://to.pbs.org/41q6E8i
Subscribe for exclusive content in our newsletters: https://www.pbs.org/newshour/subscribe
PBS News podcasts: https://www.pbs.org/newshour/podcasts
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS News at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
Follow us:
TikTok: https://www.tiktok.com/@pbsnews
X: <a href=”http://www.twitter.com/newshour” target=”_blank” rel=”nofollow”>http://www.twitter.com/newshour
Instagram: http://www.instagram.com/newshour
Facebook: http://www.pbs.org/newshour