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FBI raids home and seizes phone of Polymarket founder


Shayne Coplan calls incident ‘discouraging’ as firm suggests raid was retaliation for site’s users betting on Donald Trump

Shayne Coplan, the 26-year-old CEO of the company, woke early on Wednesday morning in Manhattan to federal agents in his home, the New York Post first reported. The site displayed a large chance of Trump winning before the election, giving Kamala Harris a minimal one, out of line with most mainstream polls. “We are deeply committed to being non-partisan, and today is no different, but the incumbents should do some self-reflecting and recognize that taking a more pro-business, pro-startup approach may be what would have changed their fate this election.”

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