A tentative trial date was set on Monday in Manhattan for the U.S. Army soldier accused of abusing classified military intelligence to place winning wagers on Polymarket.
Van Dyke, who was released on a $250,000 personal recognizance bond following his arraignment, arrived in court before U.S. District Judge Margaret Garnett wearing a “dark suit jacket, black shirt, and no tie,” the independent news organization reported.
Prosecutors accused Van Dyke, an active-duty service member, of placing 13 bets on Venezuela-related outcomes over a seven-day period that began in late December. Allegedly, the soldier generated $410,000 in profit on an initial investment of $33,000.
What’s more, Van Dyke is accused of trying to cover his tracks by requesting the deletion of his Polymarket account. He faces three counts of violating the Commodity Exchange Act, along with wire fraud and making an unlawful monetary transaction.
