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ISLAMABAD: A US Army soldier has been charged with &quot;unlawful use of confidential government information&quot; about a military operation that captured Venezuelan leader Nicolas Maduro to make more than $400,000 in profits on a prediction market, the US Justice Department said on Thursday. According to the press release, Gannon Ken Van Dyke, 38, was indicted in the Southern District of New York on charges of using classified information for &quot;personal gain, commodities fraud, wire fraud, and engaging in an unlawful monetary transaction.&quot;&nbsp;The Department of Justice said the information was tied to a mission known as &quot;Operation Absolute Resolve&quot; to place bets on the outcome and timing of Maduro&#39;s apprehension in Venezuela through Polymarket, a prediction platform. &quot;Our men and women in uniform are trusted with classified information&hellip; and are prohibited from using this highly sensitive information for personal financial gain,&quot; said Acting Attorney General Todd Blanche.&nbsp; &quot;Widespread access to prediction markets is a relatively new phenomenon, but federal laws protecting national security information fully apply,&quot; he said. According to authorities, Van Dyke placed 13 bets totaling about $33,000 between late December 2025 and January 2026, predicting that US forces would be deployed in Venezuela and that Maduro would be removed from power by the end of January.&nbsp; In early January, the US apprehended Maduro and his wife at a residence in Caracas, Venezuela, with the President of the United States announcing the successful operation hours later. &quot;Prediction markets are not a haven for using misappropriated confidential or classified information for personal gain,&quot; said US Attorney in the Southern District of New York Jay Clayton. &quot;That is clear insider trading and is illegal under federal law,&quot; CBS News reported. While this is a first arrest for US authorities, two Israeli soldiers were charged with the suspected use of classified information to place bets on Polymarket in February, according to CBS News. FBI Director Kash Patel warned t<span style="color: rgb(0, 0, 0); font-family: Arial, Helvetica, sans-serif; font-size: 18px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(255, 255, 255); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial; display: inline !important; float: none;" id="isPasted">hat no one is above the law, and the FBI will do whatever it takes to defend the homeland.&nbsp; &ldquo;Any clearance holders thinking of cashing in their access&hellip; will be held accountable,&rdquo; he said. Prosecutors said Van Dyke attempted to conceal his activity after the operation, including transferring funds through cryptocurrency accounts and requesting the deletion of his trading account. The Department of Justice says Van Dyke faces up to 20 years in prison on the most serious count.

FBI Director Kash Patel speaks alongside Acting US Attorney General Todd Blanche during a news conference at the at the Robert F. Kennedy Department of Justice building on April 21, 2026 in Washington, DC. (Photo by Anna Moneymaker / GETTY IMAGES NORTH AM

Americas

The Department of Justice said the information was tied to a mission known as "Operation Absolute Resolve" to place bets on the outcome and timing of Maduro's apprehension in Venezuela through Polymarket, a prediction platform.

US soldier charged with insider trading to profit from bets on Maduro operation

&nbsp;CARACAS: A lingering smell of explosives hung over Venezuela&#39;s capital Caracas on Saturday as shocked residents took stock after an early-morning US strike that ousted strongman Nicolas Maduro. While a few hundred Maduro supporters gathered to clamor for his freedom, the streets were otherwise eerily quiet. &quot;I felt the explosions lift me out of bed. In that instant, I thought: &#39;My God, the day has come,&#39; and I cried,&quot; Maria Eugenia Escobar, a 58-year-old resident of the city of six million people, told AFP. The strikes started around 2:00 am local time, with dozens of detonations that some people at first mistook for fireworks. Windows rattled from the shockwaves, and residents rushed out onto terraces and balconies as military aircraft zoomed overhead. &quot;It was horrible, we felt the planes flying over our house,&quot; said a resident of the Coche neighborhood, near the city&#39;s largest military complex, which was targeted in the raid. Residents saw columns of smoke rising from several parts of the city, which was soon cloaked in a fog-like haze. Witnesses spoke of bombings in La Guaira, Caracas&#39;s airport and port, in Maracay to the west, and in Higuerote to the east. &#39;Absurd!&nbsp;In the aftermath, Venezuelans soon learned their long-ruling leader, Maduro, was out. US special forces seized Maduro and took him to face trial in New York. A few hundred supporters gathered in Caracas to demand news of their leader&#39;s fate. &quot;Long live Nicolas Maduro,&quot; echoed a rally cry from a hastily erected stage with speakers blaring revolutionary music. &quot;Long live!&quot; responded the crowd. Katia Briceno, a 54-year-old university professor, came out to protest against what she described as the US &#39;barbarism.&#39; &quot;How is it that a foreign government comes into the country and removes the president? It&#39;s absurd!&quot; she told AFP. Apart from the protesters, there were few Venezuelans out, and just occasional cars on the usually bustling streets. Those who did venture out did so under the watchful eye of black-clad agents patrolling the center with long guns. Many stores were closed after the attack, while queues formed at others that were letting people in a few at a time. Damage from the explosions was mostly limited to military installations, where vehicles stood riddled by bullets, others smouldering and charred. Defense Minister General Vladimir Padrino Lopez accused the US forces of attacking civilian areas with missiles and rockets fired from combat helicopters. President Donald Trump said no US soldiers died in Saturday&#39;s strikes, but the toll on the Venezuelan side remained unknown. For residents of Caracas, the future is uncertain. Trump said he was &quot;not afraid of boots on the ground&quot; and mooted the possibility of a &quot;much bigger&quot; second wave of strikes if necessary. He also said the United States will &#39;run&#39; Venezuela until a political transition occurs. Opposition leader Maria Corina Machado insists Edmundo Gonzalez Urrutia, whom the opposition says won elections in July 2024 in which Maduro claimed victory, &quot;must immediately assume his constitutional mandate&quot; as president. Trump appeared to scotch any expectation that Machado herself might emerge as Venezuela&#39;s new leader. She does not have &#39;support or respect&#39; there, he said. Trump indicated he could instead work with Maduro&#39;s deputy, Delcy Rodriguez, saying &quot;she&#39;s essentially willing to do what we think is necessary to make Venezuela great again.&quot; Neighboring Colombia was reinforcing its border with Venezuela, using tanks and armed soldiers who normally fight guerrillas to secure the frontier. Colombian security forces deployed at the main border crossings on the orders of leftist President Gustavo Petro, who has clashed with Trump over his months-long military buildup in the region. Petro&#39;s government has warned of a potential humanitarian crisis with migrants pouring over the border from Venezuela. However, on the Simon Bolivar bridge in Villa del Rosaria, the main crossing point, the number of people walking across on Saturday was far below normal.

File: Miraflores Palace In Caracas, Venezuela (Wikimedia Commons) 

Caracas lay eerily quiet after early-morning US strikes ousted President Nicolas Maduro. Explosions hit military sites, sparked protests and uncertainty, prompted border tensions with Colombia, and raised fears of US intervention.

Articles tagged with "Maduro"

US soldier charged with insider trading to profit from bets on Maduro operation

Venezuelan capital quiet, streets empty after US strike