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The Latest Breaking News from Shayne Coplan

Polymarket CEO Says Crypto-Based Prediction Platform Ready To Enter US After CFTC Approval: 'Stay Tuned'

Shayne Coplan, founder and CEO of decentralized prediction platform Polymarket, said Wednesday that the Commodity Futures Trading Commission has approved the platform’s operation in the U.S.

Benzinga

Banned since 2022, Polymarket says it is returning to the U.S.

Prediction market hasn't operated here since 2022.

Fortune

Trump Jr. joins betting-market startup

The platform predicted Trump's win and is in a legal tussle with the federal government over election betting

Salon

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Coinbase Reportedly Receives CFTC Subpoena Related To Polymarket Months After Platform's CEO House Raid

Coinbase has reportedly been subpoenaed by the CFTC in relation to Polymarket, the market prediction platform wherein crypto bettors correctly predicted Donald Trump will clinch the 2024 presidential race.

International Business Times

Betting markets also won the election

Supporters say the outcome bolsters the case for election betting in the U.S.

Salon

Online prediction betting markets look ahead after US presidential election triumph: ‘We’re just getting started’

Wagering platforms like Kalshi and Polymarket want to expand rapidly, offering bets on awards, epidemics, the economy and more, after ‘astronomical’ election growth

The Guardian - US

Did Polymarket's founder fly too close to the sun? What the FBI raid means for Shayne Coplan and his business

Shayne Coplan became one of the hottest new faces to come out of the 2024 race. Could a criminal investigation derail his Polymarket dreams?

Fortune

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Polymarkets in Everything

Plus: Democrats admitting big cities have big problems, Tulsi Gabbard's appointment, and more...

Reason

Polymarket founder awakes to find Feds raiding his New York home—his company blasts it as ‘obvious political retribution’ for predicting Trump win

Shayne Coplan makes light of the Kafkaesque early morning search and seizure after the 26-year-old's mobile is confiscated: “New phone, who dis?”

Fortune

FBI raids Polymarket CEO’s home as part of investigation into election betting platform

The 26-year-old had devices seized in what the company claims was ‘obvious political retribution’ after Donald Trump’s victory

The Independent UK

Polymarket CEO Calls Out 'Current' Administration's 'Last-Ditch' Move After Reported FBI House Raid

Polymarket CEO Shayne Coplan spoke out after reports FBI agents raided his house and seized his electronics.

International Business Times

FBI raids home of Polymarket CEO

CEO Shayne Coplan accuses Biden administration of targeting company over its perceived political associations.

Al Jazeera

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

The Guardian - US

CEO of Election Betting Company that Predicted Trump Win Has Electronic Devices Seized by FBI in Surprise Raid

Polymarket CEO Shayne Coplan, 26, was the target of a surprise FBI raid Wednesday morning during which his phone and other electronic devices were seized.

Latin Times

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Fortune

Polymarket CEO Shayne Coplan says he founded the popular prediction market from his bathroom

“Little did I know Polymarket was going to change the world," the 26-year-old founder said of his makeshift setup.

International Business Times

Polymarket Plans US Comeback After Signaling Trump Win, Founder Says

Polymarket is planning a return to the United States after it shut out American crypto bettors in 2022 in compliance to a CFTC settlement.

Fortune

Exclusive: Election betting site Polymarket is rife with fake ‘wash’ trading, researchers say

Blockchain evidence points to users carrying out market manipulation to inflate trading volumes on the popular political betting platform.

Fortune

A French whale has bet $45 million on a Trump win so far. Who is this?

The trader has made hundreds of gambles in favor of Trump and against Kamala Harris.

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Fortune

Polymarket bets tilt toward a Trump victory—but how accurate is it?

Polymarket odds offer a useful gauge for predicting the upcoming election, but there are significant caveats.

Fortune

Who is Polymarket CEO Shayne Coplan? The 26-year-old’s crypto betting site is taking U.S. politics by storm

Polymarket has hired polling superstar Nate Silver and is now a must-read for politicos. But who is behind it, and what are its business plans?

People

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