FBI raids home of Polymarket CEO
1 month, 1 week ago

FBI raids home of Polymarket CEO

Al Jazeera  

Authorities in the United States have raided the home of the chief executive of Polymarket, a betting platform that drew widespread attention for strongly favouring Donald Trump to win the presidential election. In a post on X, Coplan accused the outgoing administration of President Joe Biden of making a “last-ditch effort to go after companies they deem to be associated with political opponents”. “This will backfire – they just made Polymarket even more powerful.” Tesla and SpaceX CEO Elon Musk, who is set to co-lead a Department of Government Efficiency in Trump’s incoming administration, also weighed in, writing on X: “This seems messed up”. The platform gained attention ahead of the election after giving Trump strong odds of beating Vice President Kamala Harris, despite opinion polls showing the race to be a dead heat.

Polymarket  polymarket  administration  ceo  coplan  users  using  raids  x  post  trump  fbi  election

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FBI raids Polymarket CEO’s home as part of investigation into election betting platform
1 month, 1 week ago

FBI raids Polymarket CEO’s home as part of investigation into election betting platform

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FBI has raided the home of Polymarket chief executive …

FBI raids Polymarket CEO Shayne Coplan – Is his pro-Trump bet behind the crackdown?
1 month, 1 week ago

FBI raids Polymarket CEO Shayne Coplan – Is his pro-Trump bet behind the crackdown?

Live Mint  

In a surprising turn of events, FBI agents raided the Manhattan apartment of Shayne Coplan, the 26-year-old CEO of Polymarket, early Wednesday morning. The exact reason for the raid remains unclear, but there is growing speculation that it may be connected to the political ramifications of Polymarket’s predictions during the recent election. Political context and speculation The raid comes just …

FBI raids house of election betting platform Polymarket's CEO Shayne Coplan, seizes devices
1 month, 1 week ago

FBI raids house of election betting platform Polymarket's CEO Shayne Coplan, seizes devices

Firstpost  

The Federal Bureau of Investigation is investigating whether election betting platform Polymarket violated a 2022 settlement by allowing betting for US users The FBI is investigating the alleged involvement of Indian nationals in the assassination case of a US national. The Federal Bureau of Investigation on Wednesday raided the house of betting platform Polymarket’s CEO Shayne Coplan. The FBI and …

FBI raids home of Polymarket CEO Shayne Coplan
1 month, 1 week ago

FBI raids home of Polymarket CEO Shayne Coplan

Salon  

FBI agents on Wednesday raided the home of Shayne Coplan, founder and CEO of the election-betting platform Polymarket. Related Crypto voters could swing election Polymarket users can buy and sell shares to predict everything from election results to whether TikTok will be banned. The site gained attention in recent weeks after bettors put Trump's odds of winning the Nov. 5 …

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