None
EN
Judge stays CFTC’s case against US soldier over prediction market bets
[]
Cointelegraph.com News
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets.
The cases against Gannon Ken Van Dyke, a US Army Special Forces Master Sergeant, involve allegations of making more than $400,000 on Polymarket event contracts tied to Maduro’s removal.
According to the US Justice Department, Van Dyke was involved in the operation to oust Maduro in January, leading to allegations he used nonpublic information to profit on prediction markets.
The criminal and civil cases, both filed in April, could have significant implications for lawmakers and government officials using prediction markets.
Van Dyke pleaded not guilty to all charges and is potentially looking at a criminal trial beginning in late 2026 or early 2027.