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    FBI seizes Polymarket CEO’s cellphone and electronics: report

    Latest News


    • The New York Submit has revealed a information story alleging the Federa Bureau of Investigations has seized a cellphone and electronics from Polymarket CEO.
    • Sources reportedly see this as political retriution after the betting market platform predicted the 2024 US election.

    The Federal Bureau of Investigation has reportedly seized the cellphone and electronics of Polymarket chief govt officer Shayne Coplan.

    On Nov. 13, the New York Submit reported that the FBI seized Coplan’s cellphone early Wednesday, with sources saying FBI brokers raided the Polymarket CEO’s dwelling at 6:00 am. Per the NY Submit information, Coplan was in his dwelling in Soho when legislation enforcement officers seized the devices.

    Whereas the FBI took his gadgets, the New York stated citing sources, they didn’t detain the Polymarket CEO. Coplan has additionally not made any public touch upon the report as on the time of writing. Nevertheless, the Submit alleges political retribution.

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

    FBI’s raid and confiscation of the gadgets comes only a week after the betting market appropriately predicted the win for Donald Trump within the presidential race.

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    The president-elect beat Democrat Kamala Harris and has begun to type his cupboard and staff, together with the formation of the Division of Authorities Effectivity headed by Elon Musk and Vivek Ramaswamy.

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