💨 Abstract

Federal law enforcement agents raided the New York home of Polymarket CEO Shayne Coplan, seizing his phone and electronics. The raid followed the presidential election where Polymarket, an offshore crypto-fueled election gambling website, had higher odds for Donald Trump than Vice President Kamala Harris, diverging from opinion polls. The company's 26-year-old founder, Coplan, was not arrested or taken into custody.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖