According to Axios and the New York Post, the raid occurred mere days after Coplan’s prediction platform forecast a Donald Trump win in the 2024 US presidential election—significantly ahead of most national polls.
A source told the New York Post that FBI agents arrived at Coplan’s residence around 6:00 am, insisting on access to his phone and other devices. It has not been confirmed whether Coplan or Polymarket is the focus of an ongoing inquiry.
'Obvious political retribution': FBI raids Polymarket CEO's home days after platform predicted Trump's win
A Polymarket spokesperson speculated that the raid might have been politically motivated, calling it “obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election” aimed at Polymarket for predicting...
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