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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 ...
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.
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, where bets are placed in crypto, became popular during the 2024 US elections. Its odds moved decisively in favor of a Donald Trump victory while traditional polls found the race to be ...
Polymarket received attention this year after predicting the outcome of the US election. The raid related to an investigation into whether Polymarket accepted US-based trades, Bloomberg said.
Polymarket has been cited over the past several months by mainstream media outlets as an alternative to traditional polls, with some election watchers arguing that prediction markets are more ...
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 ...