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

  • The FBI raided Polymarket CEO Shayne Coplan's home, seizing electronics, as part of a Justice Department investigation into federal gambling law violations.
  • Reports state that agents demanded access to Coplan’s phone during the 6:00 a.m. Raid.
  • A Polymarket spokesperson indicated that the raid might be politically motivated following the company's prediction of Donald Trump's 2024 presidential election victory.
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