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Judge stays CFTC’s case against US solider over prediction market bets

CryptoInfo Editorial Team  ·  Published on August 10, 2026 at 20:50  ·  Updated on August 10, 2026  ·  1 min read

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Key Takeaways

  • A New York judge has stayed the CFTC's case against Gannon Ken Van Dyke
  • The case involves Van Dyke making over $400,000 on prediction markets
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

A New York judge has granted a motion filed by US prosecutors in July to stay the Commodity Futures Trading Commission's (CFTC) civil case against Gannon Ken Van Dyke, a US soldier. The case involves Van Dyke making over $400,000 on prediction markets.

This development is based on reporting from CoinTelegraph.

Source: CoinTelegraph ↗