Polymarket in Jeopardy as FBI Raids CEO’s Home in Election Bet Investigation: Is This the End for the Decentralised Betting Platform?
The FBI has reportedly seized Polymarket CEO Shayne Coplan’s devices, possibly tied to the platform’s prediction of Trump’s election victory. While no charges have been filed, sources suggest market manipulation is under investigation. Meanwhile, France’s gambling regulator may block Polymarket’s operations. Is this the beginning of the end for the decentralised betting platform?