Federal authorities have arrested a U.S. Army Special Forces soldier accused of using classified information to profit from bets tied to the capture of Venezuelan leader Nicolas Maduro.

The soldier, Gannon Ken Van Dyke, 38, faces multiple federal charges, including violations of the Commodity Exchange Act, wire fraud, unlawful use of confidential government information, and engaging in illegal financial transactions, according to prosecutors.

Authorities allege Van Dyke used his access to sensitive intelligence during a U.S. military operation to place more than $33,000 in wagers on the prediction market platform Polymarket, correctly betting on Maduro’s capture and generating over $400,000 in profits.

Prosecutors say the bets were made before the operation became public, constituting illegal insider trading based on classified information.

Acting officials emphasized that members of the military are prohibited from exploiting sensitive intelligence for personal gain, warning that such conduct undermines national security and public trust.

When asked about the case, U.S. President Donald Trump said he would review the situation, while also expressing broader concerns about the rise of betting markets tied to real-world events.

The case is believed to be one of the first major prosecutions involving the misuse of classified information on prediction markets, highlighting growing scrutiny of the emerging industry.