Insider Betting Scandal: Soldier Charged as “World Becomes a Casino”

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The world is a casino. That’s coming from the president of the United States. Well, I’ll give you the exact quote. He said the whole world, unfortunately, has become somewhat of a casino. I’m start with that, okay? He’s not wrong. He is not wrong. I was at my daughter’s playoff game last night. I get a text from…

my son while I’m there and it just sends me an article that says insane. Gannon Ken Van Dyke was charged in a Manhattan federal court with commodity and wire fraud. Prosecutors alleged that Van Dyke, a master sergeant with the US Army Special Forces, misused information about the operation against Maduro.

to make well-timed bets on Polymarket that Maduro would lose power by the end of January. The Manhattan US Attorney, Jay Clinton, said that Van Dyke tried to cover his tracks after making the trades by sending most of his gains to a foreign cryptocurrency account and asking Polymarket to delete his account. He’s 38 years old, an active duty soldier who has been stationed at Fort Bragg in North Carolina.

Polymarket, it’s a prediction market. I’m sure you’re familiar with it. And you can profit from all sorts of things that are happening in the world policy decisions, Donald Trump tweets, shifts and tariffs, you know, whether or not we’re going to strike Iran, whether or not we might not strike Iran, there’s just a myriad of things that are on there. Van Dyke, the soldier, he actually took part in the planning and execution of the mission.

dubbed Operation Absolute Resolve. Okay, he received a classified briefing about the plan, signed a non-disclosure agreement, providing that he would never reveal the information by writing word conduct or otherwise. Okay, he broke that. No doubt about it, he broke that. The defendant allegedly violated the trust placed in him by the United States government by using classified information about a sensitive military operation, place Betz

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on the timing and outcome of that very operation, all to turn a profit this at is clear insider trading and is illegal under federal law. Okay. We see this happen all the time. You actually had congressman come out and say, you know, Hey,

You got to pardon this guy. So how do we go after this guy when members of Congress do this all the time? We watched people profit. Right before our very eyes, I just did podcasts on it, just talked about this in regards to Trump tweets.

None of this is good. I’m going to throw out a bit of advice. Not that he’s going to listen to me. You want to you want to turn your your lot around. The president’s president’s poll numbers right now are below Jimmy Carter’s numbers at his worst. That’s the reality.

of the situation right now. It is what it is. That’s where he is at at this point.

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How about you go after, you wanna talk about make America great again. Why don’t you go after the things that are not making America great again, like these prediction markets.

Get rid of them. Nothing good is gonna come out of this. Oh, I know, a ton of money. People are making a ton of money off this, basically can bet on everything. You try to explain to me how this is beneficial at all to society.

I mean, shouldn’t that how, you know, we should all look at things and our daily conduct, the things that we do, the business, shouldn’t we think about not just our pockets, but whether or not it’s good for society? I mean, some people, guess it doesn’t bother them. Why don’t you throw OnlyFans into that mix too? You want to back to make America great again? You come out.

You come out and you give a press conference. You call everybody in and you said, you know what? These things are not making America great again. And we’re going to go after them. We’re going to we’re going after them. We’re going to try to dismantle these things. Now, again, these things are rooted in with major players and whatever it may be. And it’s most certainly going to upset the apple cart. But. I Trump was asked about this, OK?

is asked by reporters yesterday. He originally said. There’s something telling there for whatever reason it may be. I don’t know if he kind of like little angel on his shoulder popped up. He said he wasn’t fully aware of the specific case. We look into it. He then. Compared the soldiers betting on the successful mission to Pete Rose. Betting on his own team.

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He said, that’s like Pete Rose betting on his own team. They kept him out of the Hall of Fame. Now, if he bet against the team, that would be no good. He then, he criticized the prediction markets and betting culture. It’s awful. It’s fricking awful. The whole world, unfortunately, this is a direct quote, the whole world, unfortunately, has become somewhat of a casino. I was never much in favor of it.

I don’t like it conceptually. I’m not happy with any of that stuff.

And he noted the proliferation of these betting sites globally.

You do whatever you want on anything else. Okay? Why not go after this? I find it hard to believe, hard to believe you wouldn’t get bipartisan support going after these prediction markets, Cauchi, a polymarket, and then also going after that

Stupid OnlyFans.

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I think you could get pretty good consensus on that across the country, quite frankly. Just a suggestion. Watchdog on wallstreet.com.