FBI Raids Polymarket CEO's Home, Seizes Electronics
TL;DR Summary
Federal agents raided the home of Shayne Coplan, CEO of Polymarket, seizing electronic devices amid an unclear investigation. The raid follows Polymarket's prediction of Donald Trump's 2024 election victory. Founded in 2020, Polymarket is a blockchain-based prediction platform with over $3 billion in trading volume, backed by investors like Peter Thiel's Founders Fund. A spokesperson suggested the raid was politically motivated, but neither Polymarket nor the FBI have commented.
- FBI Raids Polymarket’s 26-Year-Old CEO’s Home Forbes
- FBI Seizes Polymarket Founder’s Phone in Raid of Home The Wall Street Journal
- FBI raids home and seizes phone of Polymarket founder The Guardian
- FBI raids home of Polymarket CEO Shayne Coplan Axios
- Exclusive | FBI seizes Polymarket CEO's phone, electronics after betting platform predicts Trump win: source New York Post
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