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Reason
Reason
Liz Wolfe

Polymarkets in Everything

Polymarket Donald Trump Shayne Coplan Tulsi Gabbard MI United States CNN

A raid, for show: Polymarket founder and CEO Shayne Coplan, 26, had his Soho apartment raided yesterday morning by the feds.

For the uninitiated, Polymarket is a betting website that accurately predicted the outcome of the presidential election, contra many pollsters. Now, Coplan is the subject of a joint criminal investigation by the FBI and the U.S. Attorney's Office for the Southern District of New York as to whether he ran the site as an unlicensed commodities exchange.

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