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    HomeMarketFBI seizes Polymarket CEO's telephone, digital units: report

    FBI seizes Polymarket CEO's telephone, digital units: report


    • The New York Publish revealed an article alleging that the Federa Bureau of Investigations seized a telephone and digital units from the CEO of Polymarket.
    • Sources reportedly noticed this as political retaliation after the betting market platform predicted the 2024 US elections.

    The Federal Bureau of Investigation reportedly seized the telephone and digital units of Polymarket CEO Shayne Coplan.

    On November 13, the New York Publish reported that the FBI seized Coplan's telephone early Wednesday, with sources saying that FBI brokers raided the Polymarket CEO's residence at 6 a.m. In line with the NY Publish, Coplan was at his residence in Soho when regulation enforcement seized the devices.

    Though the FBI took his gadgets, the New York mentioned citing sources, they didn’t arrest the Polymarket CEO. Coplan has additionally made no public touch upon the report as of this writing. Nonetheless, the Publish speaks of political reprisals.

    “The federal government is probably going making an attempt to accuse Polymarket of market manipulation and rigging its polls in favor of Trump,” writes the New York Publish, citing nameless sources.

    The FBI raid and confiscation of the gadgets comes only a week after the betting market accurately predicted Donald Trump's victory within the presidential race.

    See also  FTX Property Plans to Start Distributions by March 2025

    The president-elect defeated Democrat Kamala Harris and started constructing his cupboard and staff, together with the formation of the Division of Authorities Effectiveness led by Elon Musk and Vivek Ramaswamy.

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