After pocketing the profits, Van Dyke allegedly attempted to cover his tracks — moving most of the proceeds to a foreign crypto vault, changing his exchange email to an alias, and requesting that Polymarket delete his account. He now faces five counts including three violations of the Commodity Exchange Act, wire fraud, and an unlawful monetary transaction, carrying potential maximum sentences of up to 20 years per fraud count. The CFTC has also filed a parallel civil complaint in the Southern District of New York, seeking restitution, trading bans, and civil penalties. FBI Assistant Director James Barnacle said Van Dyke "betrayed his fellow soldiers" by exploiting his military role for personal financial gain.