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NEW YORK (Reuters) -Federal law enforcement agents raided the downtown New York home of Polymarket CEO Shayne Coplan on Wednesday, seizing his phone and electronics, the company confirmed. The ...
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 ...
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 ...
To briefly recap, Polymarket was kicked out of the U.S. in 2022 for letting U.S. users bet on political prediction markets, which, at the time, was against the law.
As prediction markets, regulators, and electoral gamblers await the judge's full decision, all eyes will be on Polymarket, which is based in New York but has not yet signaled whether it will open ...
Polymarket agreed to block access in the US after reaching a settlement with the Commodity Futures Trading Commission and paying a $1.4 million penalty in early 2022.
Shayne Coplan was born in 1998 and raised on the Upper West Side of New York City. [1] [3] He attended public schools in Hell's Kitchen. [1]Coplan studied computer science at New York University but left before completing his degree to pursue interests in cryptocurrencies and prediction markets.