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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.
Polymarket, by contrast, has become a fixture of political Twitter and, according to Nick Tomaino—whose venture fund 1confirmation has invested in all of these projects—is the go-to site for ...
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.
Polymarket has characterized the raid as politically motivated. A spokesperson declined to comment further. Even before the raid, I was curious about the future of prediction markets, especially ...
Polymarket is a crypto-based predictions market that has become one of the most popular venues for placing online bets on upcoming elections. It was founded in 2020 and requires users to place ...
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 consistently and accurately forecasted outcomes well ahead of all three, demonstrating the power of high volume, deeply liquid prediction markets like those pioneered by Polymarket.”
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 ...