Reported 10 days ago
The FBI executed a raid on the home of Shayne Coplan, CEO of Polymarket, in New York, confiscating his phone and other electronics. This follows the recent presidential election where Polymarket's betting odds for Donald Trump starkly contrasted public opinion polls. The Department of Justice is investigating allegations that the platform allowed U.S. users to bet, which could violate law, while Polymarket claims the raid reflects political retribution for their accurate predictions.
Source: YAHOO