FBI Raids Polymarket CEO's Home, Seizes Electronics

TL;DR Summary
The FBI raided the Manhattan home of Shayne Coplan, CEO of the betting platform Polymarket, which had favored Donald Trump in the presidential election. Coplan accused the Biden administration of targeting his company due to perceived political associations. The raid has drawn criticism from tech leaders like Coinbase's Brian Armstrong and Elon Musk. Polymarket, which settled with the Commodity Futures Trading Commission in 2022, had blocked US users but gained attention for its election predictions.
- FBI raids home of Polymarket CEO Al Jazeera English
- FBI raids home and seizes phone of Polymarket founder The Guardian
- FBI raids home of Polymarket CEO Shayne Coplan Axios
- FBI Seizes Polymarket Founder’s Phone in Raid of Home The Wall Street Journal
- Exclusive | FBI seizes Polymarket CEO's phone, electronics after betting platform predicts Trump win: source New York Post
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
2 min
vs 2 min read
Condensed
81%
400 → 75 words
Want the full story? Read the original article
Read on Al Jazeera English