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249 points jaboutboul | 10 comments | | HN request time: 0.242s | source | bottom
1. cperkins ◴[] No.42131255[source]
If this were aimed at Polymarket and their betting activities, then their lawyers would be getting subpoenas and the like, and a raid on their president would most likely be in concert with raids on their offices. AFAICT, it was only his person targeted.

That the FBI raided the home of an individual most likely means a criminal investigation of that person, for a federal crime or a crime that crosses state boundaries.

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2. cft ◴[] No.42131657[source]
https://x.com/disclosetv/status/1856841521334816928

they are investigating Polymarket itself

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3. 1propionyl ◴[] No.42131825[source]
It is 2024... how are people still credulously using DiscloseTV as a source?

It's not about political inclination but rather that there's no reason to keep trusting a source that has lied repeatedly, sensationalized repeatedly, and seems to have a very loose relationship with being "journalism" rather than entertainment (bait).

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4. cft ◴[] No.42131871{3}[source]
What about Bloomberg?

https://www.bloomberg.com/news/articles/2024-11-13/polymarke...

5. NotYourLawyer ◴[] No.42132103{3}[source]
I mean. People still read the Washington Post!
6. soulofmischief ◴[] No.42132105[source]
> Pournelle's Iron Law of Bureaucracy states that in any bureaucratic organization there will be two kinds of people:

> First, there will be those who are devoted to the goals of the organization. Examples are dedicated classroom teachers in an educational bureaucracy, many of the engineers and launch technicians and scientists at NASA, even some agricultural scientists and advisors in the former Soviet Union collective farming administration.

> Secondly, there will be those dedicated to the organization itself. Examples are many of the administrators in the education system, many professors of education, many teachers union officials, much of the NASA headquarters staff, etc.

> The Iron Law states that in every case the second group will gain and keep control of the organization. It will write the rules, and control promotions within the organization.

I have no idea why your comment was killed, I resurrected it. Apparently people don't want to confront reality.

https://www.jerrypournelle.com/reports/jerryp/iron.html

replies(1): >>42135319 #
7. cyanydeez ◴[] No.42132107{3}[source]
Its 2024, Donald trump is president elect backed by "geniuses" of silicon valley
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8. nl ◴[] No.42132233[source]
Bloomberg explicitly says it is part of an investigation of Polymarket allowing US users[1].

I guess it follows the pattern of the Binance investigation where they were able to show the Binance CEO instructed people to make sure the technical measures they implemented to ensure only non-US people were on their exchange were easy to bypass.

[1] https://www.bloomberg.com/news/articles/2024-11-13/polymarke...

9. TacticalCoder ◴[] No.42132294[source]
> The FBI is NOT an organization that’s dedicated to keeping Americans safe.

The new Attorney General just said that if the FBI doesn't now begin to serve the interest of the american people, he'd get rid of the FBI altogether.

So using the FBI for political targeting may very well soon.

10. ianhawes ◴[] No.42135319{3}[source]
In my experience, this is accurate, but in the case of the FBI and the DOJ, they are much more interested in making a name for themselves on an individual level.

A supervisory special agent can push an investigation very far and has a lot to gain from it in terms of credibility among peers and career gains. Investigations into low profile targets are heavily deprioritized in favor of high profile targets.

The same pattern extends through to the US Attorney’s Office. Prosecutors are highly motivated to target high profile individuals and organizations.