FBI Raids Polymarket CEO Following Donald Trump’s Victory Prediction

Quick Summary:

The FBI confiscated Polymarket CEO Shayne Coplan’s phone and electronics early Wednesday morning, just a week after the platform accurately predicted Donald Trump’s presidential victory.

According to the sources, law enforcement officers arrived at the 26-year-old entrepreneur’s Soho residence at 6:00 a.m., demanding his devices.

Recently it was announced it is likely for it to be prohibited by France’s gambling regulator, the ANJ, after a huge amount of bets were placed on the 2024 US presidential election.

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Article Details

Author / Journalist: Teuta Franjkovic

Category: Crypto

Markets: IndiaFrance

Topics: 24/7 Cryptocurrency News Shayne Coplan Polymarket election betting Polymarket

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 21:32:28 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 439 words

Reading Time: 3 minutes read

Sentences: 32 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23576483

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 41 posts per day

Year Established: 2017

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News Last Updated: 8 hours ago

Coverage Areas: India

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