PANews, April 25 news, according to Businessinsider, U.S. Army Special Forces Chief Warrant Officer Gannon Van Dyke has been formally charged. He is accused of using military confidential intelligence to bet on the arrest of Venezuelan President Maduro on the forecasting platform Polymarket, illegally profiting over $400,000. Records show that this individual previously attempted to register an account on the competing forecasting platform Kalshi, but was ultimately rejected due to failure in identity verification and KYC review. Polymarket's official response stated that it has proactively reported this suspicious transaction to law enforcement and is fully cooperating with the relevant investigation. This case is the first major insider trading criminal case in the global prediction market field, and it has once again sparked widespread discussion in the industry and market regarding insider trading regulation and risk control loopholes on forecasting platforms.

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