“A US Army Green Beret has been arrested on charges that he used classified information from the operation to capture Venezuelan leader Nicolas Maduro to place high-stakes bets on prediction markets already rocked by billions of dollars in suspiciously timed wagers during the US-Israeli war on Iran.”

“Prosecutors say Master Sgt. Gannon Ken Van Dyke wagered some $32,000 on Polymarket and pocketed more than $400,000 by betting on Maduro’s removal from power, using insider knowledge from his role in planning and executing the January raid.”

“According to the Justice Department, Van Dyke faces charges including wire fraud, commodities fraud, and unlawful use of government information.”

“During the US-Israeli war on Iran, prediction and traditional financial markets saw a flood of suspiciously well-timed bets tied to airstrikes, ceasefires, unexpected statements, and diplomatic twists.”

“Traders placed more than $1 billion in “perfectly timed” wagers, including an $850,000 bet just before US strikes on Iran and roughly $950 million in oil futures hours before Trump announced a ceasefire, according to the Guardian.”

“That announcement alone generated more than 413 million bets and over $100 million in wagers across prediction markets in just a few days, according to AP.”

“The New York Times reported in January that Donald Trump Jr. had advisory ties to both neck-and-neck rivals Polymarket and Kalshi, and also had an investment in the former through his venture firm, 1789 Capital.”