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The Independent UK
The Independent UK
Technology
Anthony Cuthbertson

FBI raids Polymarket CEO’s home as part of investigation into election betting platform

Polymarket FBI Donald Trump Crypto Shayne Coplan United States
The FBI has raided the home of a Polymarket Executive as it investigates betting on the election - (Getty Images)

The FBI has raided the home of Polymarket chief executive Shayne Coplan as part of an investigation into the crypto betting platform.

Federal law enforcement agents seized the 26-year-old CEO’s phone and computers from his home in downtown New York on Wednesday, in what the company claims is retaliation for its users betting overwhelmingly in favor of Donald Trump in the recent election.

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