Charges that a U.S. service member used secret information to profit from gambling on the removal of Venezuelan President Nicolas Maduro will move forward after a federal judge on Monday rejected a request to dismiss the case. Gannon Van Dyke, the soldier at the center of the indictment, is accused of making $400,000 by placing insider bets on the prediction market Polymarket. Van Dyke has pleaded not guilty and is scheduled for trial in December.
The ruling comes as the Defense Department announces a coordinated effort with the Justice Department to prosecute any military personnel who trade in prediction markets using non-public data. The Pentagon prohibits service members from engaging in such activity, and the new partnership aims to enforce the ban through criminal prosecution.