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Polymarket CEO raided by FBI

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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,

FBI raids apartment of election betting site Polymarket's CEO and seizes cellphone, source says

The FBI raided Shayne Coplan’s home after the website's election betting market controversially predicted Donald Trump's win.

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 electronic devices, according to reports from Axios and the New York Post. The raid comes just days after Coplan’s prediction platform forecasted Donald Trump’s victory in the 2024 presidential election ahead of national polls.

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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 ...

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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 ...

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Polymarket FBI raid shows Biden Justice Department has gone full banana republic

Under Attorney General Merrick Garland, Justice bent over backward to let Hunter Biden walk free, until a heroic judge ...

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