FBI raids Polymarket CEO Shayne Coplan's home days after platform accurately predicted Trump's win

The FBI searched the Manhattan apartment of Shayne Coplan, CEO of prediction market platform Polymarket, as part of an investigation into whether the platform operated as an unlicensed commodities exchange. The investigation centers around Polymarket's allowance of US users to place bets, potentially violating a previous settlement with the US government.

FBI raids Polymarket CEO Shayne Coplan's home days after platform accurately predicted Trump's win

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The FBI searched the Manhattan apartment of Shayne Coplan, CEO of prediction market platform Polymarket, as part of an investigation into whether the platform operated as an unlicensed commodities exchange. The investigation centers around Polymarket's allowance of US users to place bets, potentially violating a previous settlement with the US government.