Polymarket CEO's Home Is Raided by FBI --"This is obvious political retribution," said a Polymarket spokesperson. Bloomberg reported that DOJ is investigating the company for letting U.S. users access the site. | 13 Nov 2024 | Federal law enforcement officials raided the home of Polymarket CEO Shayne Coplan on Wednesday. The prediction market was a breakout success in the U.S. presidential election, a platform where billions of dollars worth of bets were placed on the outcome. Polymarket traders viewed Donald Trump as the likely winner, as indeed he was. The raid was confirmed by a Polymarket spokesperson. According to the New York Post, the feds took Coplan's phone and other electronic devices. [This is why we need Matt Gaetz as attorney general.]

Subscribe to newsletter

Subscribe to the CLG newsletter. (We don't sell or share data.) Enter your email address below!