FBI Seizes Electronics in Raid on Polymarket CEO Shayne Coplan's Home

The FBI raided the New York City apartment of Shayne Coplan, CEO of Polymarket, a prominent prediction betting market, though the reasons for the raid remain unclear. Polymarket, which gained attention during the presidential election, is not legally accessible to Americans, and has been raising venture capital. A Polymarket spokesperson claims the raid is political retribution for the platform's accurate election predictions. The FBI confirmed the raid was a court-authorized law enforcement activity.