U.S. Army Soldier Indicted for Using Classified Information to Bet on Prediction Markets
By
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Summary
A U.S. Army soldier, Gannon Ken Van Dyke, has been indicted on charges of using classified government information to profit from prediction market bets. The charges include unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction. The indictment was announced by the U.S. Attorney for the Southern District of New York, the Acting Attorney General, and FBI officials.
Key quotes
· 2 pulledUnited States Attorney for the Southern District of New York, Jay Clayton, Acting Attorney General for the United States, Todd Blanche, Director of the Federal Bureau of Investigation ('FBI'), Kash Patel, and Assistant Director in Charge of the New York Field Office of the FBI, James C. Barnacle, Jr., announced today the unsealing of an Indictment charging GANNON KEN VAN DYKE, a U.S. Army Soldier, with unlawful use of confidential government information for personal gain
The charges include theft of nonpublic government information, commodities fraud, wire fraud, and making an unlawful monetary transaction
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