FBI raids Polymarket founder’s home in criminal probe of election betting platform - News Summed Up

FBI raids Polymarket founder’s home in criminal probe of election betting platform


The FBI searched the New York City home of Polymarket founder Shayne Coplan as part of a criminal investigation into the election betting platform, law enforcement sources told ABC News. PHOTO: The FBI seal is shown in the election security command center at FBI headquarters on Nov. 4, 2024. Polymarket correctly predicted Donald Trump's victory in the U.S. presidential election last week. "This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election, " a company spokesman added. FBI raids Polymarket founder’s home in criminal probe of election betting platform originally appeared on abcnews.go.com


Source: ABC News November 14, 2024 16:20 UTC



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