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Guardian

Guardian

FBI raids home and seizes phone of Polymarket founder

Guardian
Summary
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68% Informative

Shayne Coplan , the CEO of the predictive betting site Polymarket , woke early on Wednesday morning in Manhattan to federal agents in his home.

The company claimed the raid was retaliation for its users betting overwhelmingly that Donald Trump would win the election.

The site displayed a large chance of Trump winning before the election, giving Kamala Harris a minimal one.