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HomeMarketFBI seizes Polymarket CEO's cellphone and electronics: report

FBI seizes Polymarket CEO's cellphone and electronics: report

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  • The New York Submit revealed a information article that stated the Federa Bureau of Investigations had seized the cellphone and electronics of Polymarket's CEO.
  • Sources are stated to see this as political retribution after a betting market platform predicted the 2024 US election.

The Federal Bureau of Investigation has reportedly seized Polymarket CEO Shayne Coplan's cellphone and electronics.

On November 13, the New York Submit reported that the FBI seized Coplan's cellphone early Wednesday morning, with FBI brokers raiding the Polymarket CEO's house at 6:00 a.m., based on sources. In response to NY Submit reviews, Coplan was at his Soho house when legislation enforcement seized the gadget.

Whereas the FBI took his belongings, New York, citing sources, stated it had not detained the Polymarket CEO. Coplan has additionally made no public feedback on the report on the time of writing. Nevertheless, the Submit claims political retribution.

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“The federal government is probably going making an attempt to accuse Polymarket of manipulating the market and rigging its polls to learn Trump,” the New York Submit wrote, citing unnamed sources.

The FBI raid and seizure comes only a week after the betting market appropriately predicted Donald Trump's victory within the presidential race.

The president-elect defeated Democrat Kamala Harris and started assembling his cupboard and workforce, together with the creation of a authorities effectivity division led by Elon Musk and Vivek Ramaswamy.

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