Source: United Press International
“The FBI has raided the New York City home of betting website Polymarket’s founder and chief executive, according to reports. The search of Shayne Coplan’s property was conducted Wednesday morning, The New York Times and the New York Post reported. … In 2022, the Commodity Futures Trading Commission entered an order fining Polymarket $1.4 million and preventing it from operating in the United States for failing to obtain registration. The raid was part of a criminal investigation into whether Polymarket was allowing U.S.-based persons to use its services in violation of the 2022 order, The Times reported.” (11/14/24)
https://www.upi.com/Top_News/US/2024/11/14/Polymarket-FBI-raid/9741731564938/