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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  1. ALLCointelegraph

    CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

    Gannon Ken Van Dyke, a soldier accused of trading event contracts on Polymarket using nonpublic information, is opposing the US Commodity Futures Trading Commission's (CFTC) attempt to provide an amicus brief in his criminal case, arguing that the CFTC is pursuing its own interests rather than engaging with the case directly. Van Dyke's lawyers criticized the CFTC for seeking to influence the case indirectly while the criminal proceedings are ongoing, which has been stayed pending the criminal case's outcome. Van Dyke has pleaded not guilty to allegations of fraud related to trading on Polymarket concerning the removal of Venezuelan President Nicolás Maduro, with a criminal trial potentially set for late 2026 or early 2027. The case is notable as it highlights concerns about manipulation and regulation of prediction markets like Polymarket and Kalshi.