Close Menu
Cryprovideos
    What's Hot

    What Are the Most Talked-About Phrases in Crypto At this time?  – CryptoDnes EN

    June 28, 2025

    BTC Bull Token Presale Ends in Underneath 72 Hours – Subsequent 100x Crypto?

    June 28, 2025

    ‘Make No Mistake’: XRP Is Bitcoin’s Largest Rival, Says Pundit

    June 28, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»FBI Raids Polymarket CEO's Dwelling As DOJ Probes the Decentralized Betting Platform: Report – The Every day Hodl
    FBI Raids Polymarket CEO's Dwelling As DOJ Probes the Decentralized Betting Platform: Report – The Every day Hodl
    Crypto News

    FBI Raids Polymarket CEO's Dwelling As DOJ Probes the Decentralized Betting Platform: Report – The Every day Hodl

    By Rhodilee Jean DolorNovember 15, 2024Updated:November 15, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Federal Bureau of Investigation has reportedly executed a search warrant on the house of Shayne Coplan, the CEO of decentralized predictions-betting platform Polymarket.

    Citing a supply who requested anonymity, Bloomberg stories that the FBI seized Coplan’s telephone and electronics through the raid, which occurred simply because the US Justice Division (DOJ) investigates Polymarket for allegedly accepting trades from US-based customers.

    Polymarket permits customers to position bets on the end result of future occasions by buying and selling shares in USDC stablecoin. In 2022, the platform settled an enforcement motion with the Commodity Futures Buying and selling Fee (CFTC) and agreed to dam US-based merchants from making transactions.

    Polymarket’s reputation surged as customers of the platform have been in a position to wager limitless quantities on their favored candidates within the US presidential election. The betting market additionally accurately predicted that former president Donald Trump will win.

    Polymarket says the FBI search was politically motivated. In an announcement on social media platform X, Coplan says the present administration is making a last-ditch effort to go after firms they take into account to be related to political opponents.

    “We’re deeply dedicated to being non-partisan, and right this moment isn’t any completely different, however the incumbents ought to do some self-reflecting and acknowledge that taking a extra pro-business, pro-startup strategy could also be what would have modified their destiny this election.

    Polymarket has supplied worth to 10’s of tens of millions of individuals this election cycle, whereas inflicting hurt to no one. We’re deeply pleased with that.”

    Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

    Verify Value Motion

    Observe us on X, Fb and Telegram

    Surf The Every day Hodl Combine

    &nbsp

    FBI Raids Polymarket CEO's Dwelling As DOJ Probes the Decentralized Betting Platform: Report – The Every day Hodl

    Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate internet marketing.

    Generated Picture: Midjourney





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    What Are the Most Talked-About Phrases in Crypto At this time?  – CryptoDnes EN

    June 28, 2025

    BTC Bull Token Presale Ends in Underneath 72 Hours – Subsequent 100x Crypto?

    June 28, 2025

    Robinhood expands crypto choices with micro futures for XRP, Solana, and Bitcoin

    June 28, 2025

    Trump Punts on Crypto Divestment, Says If US Didn't Have Bitcoin 'China Would' – Decrypt

    June 28, 2025
    Latest Posts

    BTC Bull Token Presale Ends in Underneath 72 Hours – Subsequent 100x Crypto?

    June 28, 2025

    ‘Make No Mistake’: XRP Is Bitcoin’s Largest Rival, Says Pundit

    June 28, 2025

    Dealer Says Bitcoin in a Transitional Interval, Predicts BTC May See A number of Weeks of Upside if This Occurs – The Day by day Hodl

    June 28, 2025

    Robinhood expands crypto choices with micro futures for XRP, Solana, and Bitcoin

    June 28, 2025

    BTC Bull Token Surges as Trump Slams Biden-Period Debanking

    June 28, 2025

    Trump Punts on Crypto Divestment, Says If US Didn't Have Bitcoin 'China Would' – Decrypt

    June 28, 2025

    'Wealthy Dad Poor Dad' Writer Says This Asset Will Explode in July – Not Bitcoin

    June 28, 2025

    Trump says Bitcoin eases stress on greenback, boosts America's crypto dominance

    June 28, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Analyst Explains What May Set off Ethereum Rally To $6,000

    January 11, 2025

    Ethereum Founder Vitalik Buterin Strikes Extra STRK to Binance

    November 6, 2024

    Steak 'N Shake to Settle for Bitcoin Funds within the US, Sending New Crypto to Explosive Highs

    May 9, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.