US soldier accused of using classified intel for betting profits

Prosecutors say special forces member used sensitive military information linked to a Venezuela operation to profit, according to reports

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A US special forces soldier has been arrested after allegedly using classified military information to generate personal financial gain, in a case that has raised concerns about security breaches and oversight.

According to the US Department of Justice, Gannon Ken Van Dyke is accused of exploiting sensitive information linked to a covert military operation known as “Absolute Resolve.” The operation reportedly led to the arrest of Venezuelan leader Nicolás Maduro and his wife, Cilia Flores, in Caracas on January 3, before they were transferred to New York.

Prosecutors allege that Van Dyke had access to non-public, classified details through his role in the planning and execution of the mission. These details, authorities say, were then used for personal financial benefit.

Details of the scheme suggest that the soldier placed a series of financial bets related to the outcome and timing of the operation, reportedly investing around $33,000 and later earning more than $400,000 in returns.

Officials have not disclosed the full extent of the alleged activity, and some aspects of the case have not been independently verified. However, federal prosecutors have charged Van Dyke with multiple offences, including fraud, unlawful use of confidential government information and illegal financial transactions.

Authorities stress that using classified information for personal gain represents a serious violation of federal law and a breach of national security responsibilities. “Those entrusted with sensitive information have a duty to protect it,” officials said in statements accompanying the charges.

The case also highlights growing scrutiny around platforms that allow individuals to speculate on real-world events. Investigators said the activity was flagged as suspicious, and the platform involved confirmed it cooperated with authorities during the investigation.

The case is being handled by federal prosecutors in New York, where legal proceedings are expected to continue. If convicted, the soldier could face significant prison time, although no final ruling has been made.

President Donald Trump said he was not aware of the case prior to reports emerging, but indicated he would review the situation. He also expressed concerns about the broader use of such markets for financial gain tied to sensitive or high-risk events, according to statements reported by US media.

The incident underscores wider questions about accountability, the protection of classified information, and the risks posed when confidential data intersects with financial incentives. It also reflects the increasing complexity of regulating emerging financial tools linked to real-world geopolitical developments.

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