Everything is gambling now: the latest news on prediction markets like Polymarket and Kalshi
See all Stories
J
The FBI reportedly seized the phone of Polymarket’s CEO.
According to The Wall Street Journal:
It wasn’t immediately clear what prompted the FBI’s search of [Shayne] Coplan, the 26-year-old entrepreneur behind one of the most successful prediction markets in history. But Polymarket quickly tied the raid to its track record in the recent presidential election, in which bettors on its platform correctly anticipated that Donald Trump would beat Vice President Kamala Harris.
Bloomberg also reports that Polymarket is being investigated by the DOJ for allegedly letting users in the US place bets on the site.
Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates.
Loading comments
Getting the conversation ready...
Most Popular
Most Popular
- Apple’s weird anti-nausea dots cured my car sickness
- Tim Cook says RAM expenses are ‘unsustainable’ and Apple is going to raise prices
- Midjourney Medical goes from generating ‘cat images’ to full-body ultrasound scans
- Apple’s smart home camera service is starting to impress me
- Can anyone look cool wearing Snap’s $2,000 glasses?
