US DOJ arrests soldier for insider trading on Polymarket over Maduro operation

The U.S. Department of Justice has arrested an active-duty soldier for placing bets on Polymarket regarding an operation to capture Venezuelan President Nicolás Maduro, CoinDesk reported. The soldier is accused of using classified inside information before participating in the mission to bet approximately $33,000, earning a profit of around $400,000. The DOJ described the act as a clear case of insider trading. An investigation found that the suspect attempted to evade tracking by converting the funds into USDC and other assets and moving them to overseas accounts.