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Soldier who made $400K betting on Maduro’s removal makes 1st court appearance

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Ousted Venezuelan President Nicolas Maduro arrives at the Wall Street heliport ahead of his appearance in federal court in New York, US, on Monday, Jan. 5, 2026. (Michael Nagle/Bloomberg via Getty Images)

(RALEIGH, N.C.) — The special operations soldier who was indicted this week for allegedly using classified information to make nearly half a million dollars betting on the capture of Nicolas Maduro appeared in a federal courtroom in Raleigh, North Carolina, Friday. 

Master Sgt. Gannon Ken Van Dyke, who made the wager on the predictions market Polymarket, will be released on a $250,000 appearance bond.

He agreed to surrender his passport, limit travel to parts of New York and North Carolina, limit drinking “in excess,” and no longer possess a firearm unless it’s part of his active military service. 

Van Dyke entered the courtroom shackled at his hands and feet and only spoke briefly to acknowledge he understood the charges and penalties. He is currently being represented by a public defender. 

He is set to appear in federal court in New York City on April 28.

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