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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: 0.215s | 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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1. jart ◴[14 Nov 24 14:27 UTC] No.42136393[source]▶
Sounds par for the course with the Biden administration. Watch what Ben and Marc have to say about them: https://www.youtube.com/watch?v=g4jWb-0nj44 They talk about how Biden has spent the last four years going beyond the law to destroy all the a16z crypto startups. So it doesn't surprise me that they'd use all their power to go after prediction markets too. I'm really glad I'm not working in upstart finance.