Judge stays CFTC’s case against US solider over prediction market bets8m, Judge stays CFTC’s case against US solider over prediction market betsA New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets.
- Posted on August 10, 2026
- By Cointelegraph
- 1 Views
- 1 min read
A New York federal judge has suspended the CFTC's civil lawsuit against a U.S. military service member accused of earning over $400,000 through prediction market trading. The stay, granted following prosecutors' motion in July, temporarily halts the regulatory action. This development raises important questions about regulatory jurisdiction over service members engaging in legal financial activities and the intersection of military conduct rules with civilian market regulations.
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Judge stays CFTC’s case against US solider over prediction market bets8m, Judge stays CFTC’s case against US solider over prediction market betsA New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets.
Judge stays CFTC’s case against US solider over prediction market bets8m, Judge stays CFTC’s case against US solider over prediction market betsA New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on prediction markets. continue reading...
