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Polymarket is an American cryptocurrency-based prediction market, headquartered in Manhattan, New York City. Launched in 2020, it offers a platform where investors can place bets on various future events, including economic indicators , weather patterns, awards, as well as political and legislative outcomes.
The FBI searched the New York City home of Polymarket founder Shayne Coplan as part of a criminal investigation into the election betting platform, law enforcement sources told ABC News. The ...
Polymarket declined to comment for this story, but a person familiar with the company said it was unlikely the court ruling would result in any sites offering bets in the U.S. on the presidential ...
Polymarket burst on the scene this year, but the idea behind it is centuries old and reflects a notion, popularized in the book The Wisdom of Crowds, that crowd-sourcing a question can produce ...
The FBI raided Polymarket CEO Shayne Coplan's home on Wednesday, a company spokesperson said. Polymarket received attention this year after predicting the outcome of the US election.
In 2014, Coplan participated in the initial coin offering of Ethereum and acquired the cryptocurrency when it was priced significantly lower than its later value. [1] [3] Inspired by economist Friedrich Hayek’s theories on decentralized information systems and George Mason University professor Robin Hanson’s work on Futarchy, Coplan founded Polymarket in 2020, which operates as a ...
Polymarket is not just an intriguing new fixture of the U.S. election scene. It is also a hot startup whose $70 million raised so far, including a $45 million funding round in May, comes from ...
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 ...