US soldier seeks to dismiss case over Polymarket predictions placed with classified intel

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Master Sgt. Gannon Ken Van Dyke, a U.S. Army Special Forces soldier, is asking a judge to dismiss the case where he stands accused of using classified government information to profit more than $400,000 on Polymarket. Between late December 2025 and late January 2026, he allegedly placed 13 bets totaling approximately $33,034 on U.S. military actions in Venezuela, while bound by nondisclosure agreements since December 2025. His lawyer argues that betting on a prediction market platform is not illegal and that the charges rest on untested legal theories. The prosecution treats Polymarket contracts as commodities subject to fraud statutes, with a trial scheduled for December 7, 2026.

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