The decentralized betting platform CEO was reportedly targeted in an FBI raid, which saw his phone and electronics seized.
The United States Federal Bureau of Investigation (FBI) has reportedly raided the home of Polymarket CEO Shayne Coplan on Nov. 13, seizing his phone and electronics, according to the New York Post.
Coplan was woken up at 6:00 am Eastern Time in his New York City pad by US law enforcement officials who demanded he hand over his phone and electronics, the news outlet reported, citing a source close to the matter.
The CEO of the decentralized prediction markets platform appeared to confirm the reports on X, claiming to make a post from a new phone.
