The FBI just raided the home of Polymarket’s founder. What does the future of electoral betting markets hold?
Did you really think we’d stop talking about prediction markets after the election? Perhaps the best-known one, Polymarket, burst back into the spotlight on Wednesday after the FBI raided the home of its 26-year-old founder,
Polymarket CEO's Home Is Raided by FBI
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.
How Polymarket Predicted Trump: The Inside Story As FBI Raids CEO's Home
Shayne Coplan and the crypto-based prediction markets appeared to steal a march on traditional pollsters, calling it early for Trump.
Here’s why the FBI seized Polymarket founder’s phone
The Federal Bureau of Investigation seized the phone of Polymarket founder and CEO Shayne Coplan Wednesday, setting off a wave of complaint from crypto boosters who say the raid was politically motivated.
FBI raids Polymarket CEO's home, as he claims 'political retribution' for Trump prediction
Polymarket's success predicting the 2024 presidential contest winner has sparked "political retribution," according to a new Decrypt report, which says FBI agents raided the Manhattan home of Polymarket CEO Shayne Coplan, 26, on Wednesday, seizing his phone.
Polymarket at center of political storm after reported FBI raid
Prediction betting market Polymarket and its founder and CEO Shayne Coplan have found themselves at the center of a debate about political betting after the FBI reportedly raided Coplan’s home on
FBI Seizes Polymarket Founder’s Phone in Raid of Home
The prediction-market startup accused the Biden administration of retaliation for calling the election for Donald Trump.
Polymarket CEO Shayne Coplan says he founded the popular prediction market from his bathroom
But a few prediction markets rose astronomically in popularity recently, thanks to the 2024 presidential election—and crypto bros, pollsters, and many onlookers were glued to what Polymarket users were wagering.
FBI raids Polymarket founder’s home in criminal probe of election betting platform
The investigation, in part, involves whether Polymarket violated a prior settlement with the government by allowing American-based users access to its platform.
FBI raids New York City apartment of Polymarket CEO Shayne Coplan, reports say
Prior to Donald Trump winning the 2024 presidential election, Polymarket gained popularity for political prediction markets.
FBI Raids Polymarket CEO's Home, Seizing Phone, Electronics
Coplan, Polymarket's 26-year-old founder, was roused from his bed at 6 a.m. by FBI agents demanding he give them his electronic devices. The DOJ is investigating Polymarket for allegedly allowing U.S.
Here's what people are betting on in prediction markets now that the election is over
From the next James Bond actor to the Mike Tyson vs. Jake Paul boxing match winner, here's what people are betting on.
FBI Raids Polymarket’s 26-Year-Old CEO’s Home
Federal agents raided the Soho apartment of Polymarket founder and CEO Shayne Coplan, 26, early Wednesday morning, seizing ...