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Shayne Coplan

FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report

FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report

The Federal Bureau of Investigation has reportedly executed a search warrant on the home of Shayne Coplan, the CEO of decentralized predictions-betting platform Polymarket. Citing a source who requested anonymity, Bloomberg reports that the FBI seized Coplan’s phone and electronics during the raid, which happened just as the US Justice Department (DOJ) investigates Polymarket for […]

The post FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Report appeared first on The Daily Hodl.

What is Operation Choke Point 2.0? Trump vows to end it

Polymarket’s vision ‘still isn’t’ to be a political website, says founder

The founder of Polymarket claims that the platform "is not about politics" as it takes "center stage" in the lead up to the United States presidential election.

Despite crypto prediction markets platform Polymarket being on the “center stage” as the United States presidential election approaches, its founder claims that it has no intention of being recognized as a political website.

“Polymarket is not about politics. The vision never was to be a political website, and it still isn't. From launch day, the goal has been to, "harness the power of free markets to demystify the real world events that matter most to you,” Polymarket founder Shayne Coplan stated in an Oct. 25 X post.

Coplan also dismissed rumors that those behind the platform are “Dem operatives” or holds any political bias.

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What is Operation Choke Point 2.0? Trump vows to end it

2024 Election Bets Propel Polymarket to $111 Million in June Volume

2024 Election Bets Propel Polymarket to 1 Million in June VolumeAccording to metrics, the prediction market Polymarket has experienced notable volume over the past few weeks, with the firm reporting it accrued over $100 million in June and $8.2 million on the day the 2024 presidential candidates Donald Trump and Joe Biden debated on stage. The Rising Influence of the Prediction Market Polymarket Polymarket has […]

What is Operation Choke Point 2.0? Trump vows to end it