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FBI Raids Polymarket CEO’s Residence Following Lucrative Electoral Betting Season

November 15, 2024 | By: Dave Bontempo

Federal authorities’ raid of the home of Polymarket CEO Shayne Coplan Wednesday might be concerning to DrafKings and any other US companies thinking of getting into the business of gambling on election outcomes. The FBI raided Coplan’s downtown New York home, seizing his phone and other electronics. It highlights the volatile atmosphere presently surrounding political futures markets—commonly […]

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