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FBI Raids Home of Polymarket CEO Shayne Coplan

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249 points jaboutboul | 1 comments | 13 Nov 24 21:29 UTC | HN request time: 0.2s | source
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neilv ◴[13 Nov 24 22:41 UTC] No.42131010[source]▶
> "This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election," a Polymarket spokesperson tells Axios.

When I saw that statement, from a company spokesperson, it was striking.

Is it now respectable and advisable for a corporation to make official statements like this?

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moomin ◴[13 Nov 24 23:51 UTC] No.42131547[source]▶
There’s people in the comments characterising this as political positioning, and I think they’re dead on. However, it continues to do my head in how utterly ridiculous this statement is. Literally, there’s not even a motive.
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1. bookaway ◴[14 Nov 24 13:07 UTC] No.42135816[source]▶
Unless my memory is completely off, I don't recall Polymarket giving "Trump will win" vibes in the general lead up to the election. When they did, it was probably in the last few days.

If that's the case, I would've expected to the statement to be something like, "From our understanding, our only crime is to have presented an analysis that the outgoing administration also understood to be valid."