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The Latest Breaking News from Polymarket

Polymarket founder awakes to find Feds raiding his New York home—his company blasts it as ‘obvious political retribution’ for predicting Trump win

Shayne Coplan makes light of the Kafkaesque early morning search and seizure after the 26-year-old's mobile is confiscated: “New phone, who dis?”

Fortune

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

The 26-year-old had devices seized in what the company claims was ‘obvious political retribution’ after Donald Trump’s victory

The Independent UK

Polymarket CEO Calls Out 'Current' Administration's 'Last-Ditch' Move After Reported FBI House Raid

Polymarket CEO Shayne Coplan spoke out after reports FBI agents raided his house and seized his electronics.

International Business Times

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FBI raids home of Polymarket CEO

CEO Shayne Coplan accuses Biden administration of targeting company over its perceived political associations.

Al Jazeera

FBI raids home and seizes phone of Polymarket founder

Shayne Coplan calls incident ‘discouraging’ as firm suggests raid was retaliation for site’s users betting on Donald Trump

The Guardian - US

CEO of Election Betting Company that Predicted Trump Win Has Electronic Devices Seized by FBI in Surprise Raid

Polymarket CEO Shayne Coplan, 26, was the target of a surprise FBI raid Wednesday morning during which his phone and other electronic devices were seized.

Latin Times

Polymarket users are betting on Scott Bessent to be Trump’s treasury secretary

The prediction market puts Bessent’s odds of getting the nod at 67%.

Fortune

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Scott Bessent – Is The Trump Treasury Secretary Potential Pick Good For Crypto?

Scott Bessent is reportedly a heavy favorite in Trump's final list of potential individuals to lead the U.S. Treasury – who is he and will his views have an impact on Bitcoin and the broader crypto industry?

International Business Times

Polymarket CEO Shayne Coplan says he founded the popular prediction market from his bathroom

“Little did I know Polymarket was going to change the world," the 26-year-old founder said of his makeshift setup.

Fortune

US election results: How did opinion polls undercount Trump voters again?

It’s the third consecutive election in which opinion polls have underestimated Trump’s support.

Al Jazeera

Polymarket Plans US Comeback After Signaling Trump Win, Founder Says

Polymarket is planning a return to the United States after it shut out American crypto bettors in 2022 in compliance to a CFTC settlement.

International Business Times

Vindicated: Polymarket Says It Proved 'Wisdom Of Markets' Over Polls After Trump Landslide Win

Polymarket believes it has proved doubters wrong after Donald Trump's victory, given criticisms and doubts that the decentralized prediction platform experienced in the lead-up to the elections.

International Business Times

US pollsters taking heat – again – for failing to predict Trump triumph

Polling experts called on to explain surveys that showed Trump and Harris deadlocked in a race deemed too close to call

The Guardian - US

A mystery Polymarket trader bet major money that Trump would win—and it just paid off to the tune of $40 million

Crypto bros see Polymarket’s rapid movement on Tuesday night as fulfilling a prophecy.

Fortune

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International Business Times

'Whale' Election Bettors Set To Win Big On Trump Wagers

Polymarket saw a total of $3.2 billion bet on the outcome of the U.S. presidential election, favoring a win by Donald Trump.

Fortune

The false premise of prediction markets

Prediction market Polymarket has become increasingly popular throughout the 2024 U.S. election.

International Business Times

Polymarket Trends On X As Trump's Odds Skyrocket To New Record High

Polymarket is a hot topic on X Tuesday night as the election numbers begin pouring out, with Donald Trump's odds of winning the presidency surging continuously.

The Guardian - US

Betting markets swing hard to Trump with early election tallies

Apps such as Polymarket and Kalshi place Trump as likely winner as election officials continue to count ballots

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news in one place.

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International Business Times

Bettors Say This Swing State Will Be The Last One Called, Could Decide 2024 Election

More than $83,800 has been wagered on the exotic side wager, which will be determined by Associated Press projections, according to the Polymarket website.

The Independent UK

Gamblers spend more than $3.3bn on Polymarket betting on 2024 presidential election, mostly for Trump

Interest in political betting has surged during 2024 election

Fortune

Polymarket users have wagered $3.2 billion on the outcome of the election—and the majority of bets are on Trump winning

The majority of bets went for Trump, with $1.3 billion wagered on the former president and $827 million on Harris.

The Guardian - US

Trump’s lead over Harris in betting market erodes as platforms tighten odds

Top platforms had placed Republican ahead but Democrat is catching up and even leads on one app

Fortune

Polymarket users who bet on the presidential election might not see pay day until the inauguration

If top news outlets don’t call the election for the same candidate, the cryptocurrency-based prediction market will wait until Jan. 20 to pay out.

Fortune

Trump leads Harris on Robinhood’s new prediction market with 100 million contracts traded

Robinhood rolled out its new prediction market last month.

International Business Times

Polymarket 1 Day Before US Elections: Kamala Harris' Chances Jump, VP Retakes 2 Swing States

Polymarket is heating up with just one day left before the elections, and it appears the vice president still hasn't lost touch with crypto bettors as they have slightly driven her chances up, narrowing Trump's massive lead from last week.

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