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South America

US soldier accused of betting on Maduro removal stirs Venezuela row

A US Army sergeant based in Florida is alleged to have placed 30,000 dollars in online prediction-market bets on Venezuelan President Nicolás Maduro leaving office. The Pentagon has opened an internal inquiry. Caracas called the report 'a confession of interference.'

An afternoon panorama of Caracas
Photo: Wal Couyi / Pexels
BBC Latin America1 h agoVEB=X USO

Former colleagues told the BBC the sergeant placed the bets based on public sentiment rather than 'classified information.' The wagers were placed on US-based Kalshi and overseas Polymarket platforms, accompanied by registration documents and digital wallet addresses.

A US Defense Department spokesperson said military ethics rules do not categorically ban service members from betting on foreign political events, but said a wide-ranging review had been opened in case classified information had been involved. The Department of Justice is reportedly running a parallel inquiry.

Venezuelan Foreign Minister Yván Gil called the case 'evidence of an appetite for a coup.' The bolívar held steady at the official rate but slid four percent on the parallel market. Caracas-issued PdVSA bonds fell about 100 basis points. The White House has not yet commented on the case.

GeopoliticsRegulationFXVEB=XUSOSouth AmericaBBC Latin America
This article is an AI-curated summary of the original story published by BBC Latin America. The illustration is a stock photo by Wal Couyi from Pexels and is not from the original story.

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