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FBI raids Polymarket CEO's home, seizing phone, electronics

  • The FBI raided the New York City home of Polymarket’s CEO Shayne Coplan, seizing his phone and other electronic devices on November 13.
  • This raid is part of a Justice Department investigation into allegations against Polymarket for allowing U.S.-based users to place illegal bets.
  • Some reports suggest the timing of the raid may be linked to the platform's pro-Trump forecasts, with speculation about political retaliation.
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