Investigation and Allegations
agents raided Shayne Coplan's home, seizing his electronic devices, as part of an investigation into for allegedly allowing -based users to bet on the site, violating a 2022 order.
Polymarket, a platform predicting election outcomes, gained attention for favoring Trump's victory over Harris, diverging from traditional polls, and has faced scrutiny from French gambling regulators.
Political and Public Responses
Coplan criticized the raid as political retribution by the administration, emphasizing Polymarket's non-partisan commitment and its role in providing valuable insights during the election.
Tech and business figures, including and Brian Armstrong, expressed criticism of the raid, suggesting it could backfire and bolster Polymarket's power, while Coplan's social media posts highlighted the incident's perceived political motivations.
