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The FBI has raided the home of Polymarket chief executive Shayne Coplan as part of an investigation into the crypto betting platform.. Federal law enforcement agents seized the 26-year-old CEO’s ...
Polymarket received attention this year after predicting the outcome of the US election. The raid related to an investigation into whether Polymarket accepted US-based trades, Bloomberg said.
The FBI searched the New York City home of Polymarket founder Shayne Coplan as part of a criminal investigation into the election betting platform, law enforcement sources told ABC News. The ...
Founded in 2020 by Shayne Coplan, [3] Polymarket is a prediction market that allows users to gain/lose on the outcome of world events. [4] In January 2022, Polymarket was fined US$1.4 million by the Commodity Futures Trading Commission (CFTC), and received a cease and desist order for regulatory violations, including failure to register as a Swap Execution Facility.
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NEW YORK (Reuters) -Federal law enforcement agents raided the downtown New York home of Polymarket CEO Shayne Coplan on Wednesday, seizing his phone and electronics, the company confirmed. The ...
Polymarket burst on the scene this year, but the idea behind it is centuries old and reflects a notion, popularized in the book The Wisdom of Crowds, that crowd-sourcing a question can produce ...
During the investigation 10 police officials including Inspector/SHO, 3 Sub inspector, 2 HC, 4 Constables, all of Sathankulam Police Station were arrested. The CBI had filed a chargesheet on 26.09.2020 against all arrested police officials U/s 120-B of IPC r/w sections 302, 342, 201, 182, 193, 211, 218 & 34 & substantive offences.