Insider Trading Linked to Venezuelan President's Capture Operation, U.S. Soldier Sued by CFTC for Illicit Gains in Prediction Market

The U.S. Commodity Futures Trading Commission (CFTC) took legal action for the first time against insider trading in prediction markets on the 23rd, filing a lawsuit in the New York Federal Court against the defendant, active-duty U.S. Army soldier Gannon Van Dyke. The defendant is accused of misusing classified information from 'Operation Absolute Resolve', aimed at detaining former Venezuelan President Nicolas Maduro, to engage in transactions on the prediction market platform 'Polymarket'.