What (if any) crime will Shayne Coplan be charged with?
Plus
5
Ṁ1952025
16%
Illegal Gambling
10%
Wire Fraud
10%
Money Laundering
10%
Securities violations
42%
No charges filed
11%
The FBI conducted a raid on the New York City apartment of Shayne Coplan, founder and CEO of Polymarket, a prominent prediction betting market. This platform gained attention during the recent presidential election but may be under scrutiny as Americans are generally restricted from using it. Given the nature of the raid and potential areas of investigation (including illegal gambling, wire fraud, money laundering, or securities violations), there is speculation as to whether Coplan or Polymarket could face formal charges.
Resolves NA if not charged by June 2025.
https://www.axios.com/2024/11/13/polymarket-fbi-shayne-coplan
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