FBI Raids Polymarket CEO Over Crypto Betting Platform’s US Activities — He Fires Back: ‘In The Face Of Adversity, We Build’

The Federal Bureau Of Investigation, on Wednesday, raided the home of Polymarket CEO Shayne Coplan as part of a Justice Department investigation into allegations that the crypto prediction platform allowed U.S.-based users to place bets in violation of regulatory agreements.

Coplan responded on social media, expressing dismay over what he characterized as “a last-ditch effort” by the administration to target companies perceived to be associated with political opposition.

Coplan stated Polymarket was non-partisan, and …

Full story available on Benzinga.com

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