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FBI Raids Home of Polymarket CEO Shayne Coplan

(www.axios.com)
249 points jaboutboul | 2 comments | 13 Nov 24 21:29 UTC | HN request time: 0.428s | source
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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

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rty32 ◴[13 Nov 24 23:06 UTC] No.42131218[source]▶
The CEO or the company can only be in trouble if they are found guilty in court. That's not going to happen in the next two months, and Trump probably couldn't care less about this.
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1. cowsandmilk ◴[14 Nov 24 00:48 UTC] No.42131936[source]▶
Trump not caring will mean the case proceeds. Why would they drop it?
replies(1): >>42133240 #
2. reaperman ◴[14 Nov 24 04:48 UTC] No.42133240[source]▶
The person who financed the vice president is a major investor in Polymarket.