←back to thread

FBI Raids Home of Polymarket CEO Shayne Coplan

(www.axios.com)
249 points jaboutboul | 1 comments | 13 Nov 24 21:29 UTC | HN request time: 0s | source
Show context
legitster ◴[13 Nov 24 21:35 UTC] No.42130253[source]▶
Obviously there are no details yet, but I suspect it's as simple as:

- Polymarket is still very illegal in the US

- Lol. We all know it's easy to get around that

- If the CEO knew or was complicit in US citizens breaking laws, he could be in trouble. And if there was evidence he was encouraging it, he could be in big trouble

replies(6): >>42130959 #>>42131193 #>>42131218 #>>42131520 #>>42140122 #>>42145248 #
herpderperator ◴[13 Nov 24 22:36 UTC] No.42130959[source]▶
Can someone explain to me how this is? It's a company HQ'd in New York, but it's not allowed to do business in the very country it's HQ'd in? What am I missing?
replies(6): >>42131009 #>>42131579 #>>42131821 #>>42131959 #>>42133052 #>>42136583 #
1. joecool1029 ◴[14 Nov 24 00:32 UTC] No.42131821[source]▶
It was like this for fireworks in the past too. Used to go to Pennsylvania where it used to be illegal for PA residents to purchase them, they'd check your drivers license when you came in to validate it was from elsewhere and issue a 24hr transport permit to get it out of the state. Naturally the fireworks shops were mostly near state borders.