💨 Abstract

The FBI raided the Manhattan apartment of Shayne Coplan, CEO of prediction market platform Polymarket, which accurately predicted Donald Trump's 2024 election victory. The raid, suspected as political retribution, occurred without a clear reason. Coplan, who was not arrested, called it "grand political theatre". Polymarket was fined in 2022 for failing to register with the Commodity Futures Trading Commission.

Courtesy: theprint.in

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