Prediction markets Polymarket, Kalshi expect 79-89% chance of US TikTok ban: Trump to ‘review’ situation – crypto.news

Cryptocurrency prediction markets indicate that TikTok is likely to face a ban in the US by May 2025. According to the latest information, the main platforms Polymarket and Karushi Both indicate that the ByteDance-owned app is likely to be shut down. Source: Polymarket According to Polymarket data, the probability of a TikTok ban is 79% […]
Singapore and CFTC zero in on Polymarket as wildfire bets fuel public outcry – crypto.news

How did a crypto gambling platform become a global controversy, attracting criticism from Singapore and the FBI, and angering users? Polymarket implementation troubles Singapore shines as a leading hub for technology and innovation. However, when it comes to gambling, the city-state takes a noticeably conservative approach. This dichotomy was most recently brought to light on […]
FBI reportedly raids Polymarket CEO's home after betting platform predicts Trump win

A ‘Mornings with Maria’ panel discusses the FBI raiding the home of Polymarket CEO Shayne Coplan. Subscribe to Fox Business: … source
Polymarket FBI raid shows Biden Justice Department has gone full banana republic

The Biden Justice Department has decided to continue its original approach of wielding it as a blunt weapon against perceived political opponents. At least that seems to be the case with the FBI raid on Polymarket CEO Shane Coplan. At 6 a.m. Wednesday, agents entered his home and demanded his cellphone and other devices. why? […]
FBI raided home of Polymarket CEO over alleged illegal bets by US users: sources

The FBI's shocking pre-dawn raid on the founder of election gambling site Polymarket turned out to be part of a criminal investigation into whether the company accepted bets from US users. This would violate the agreement the company had with the government. The Justice Department ordered a “court-authorized law enforcement operation” at Shane Coplan's Manhattan […]
Polymarket at center of political storm after reported FBI raid

Predictive betting market Polymarket and its founder and CEO Shane Coplan are at the center of a debate over political gambling after the FBI reportedly searched Coplan's home on Wednesday. I noticed that there was. The FBI raided Koplan's New York City apartment early Wednesday morning and seized his cellphone and other electronic devices, according […]
Biden’s FBI Raids Home of Polymarket CEO After Gambling Platform Successfully Predicts Trump Victory

Federal agents seized cellphones and electronic devices in an early morning raid on Polymarket CEO Shane Coplan's Manhattan apartment, after the cryptocurrency gambling platform announced that Donald Trump would be the first to vote in the 2024 presidential election. -This was just one week after correctly predicting Trump's stunning victory. of new york post report […]
FBI seizes Polymarket CEO’s phone, electronics after betting platform predicts Trump win: source

FBI agents raided Polymarket CEO Shane Coplan's Manhattan apartment early Wednesday morning — just one week after the election betting platform successfully predicted a stunning victory for Donald Trump. The Post reported. The 26-year-old entrepreneur was woken from his bed in his Soho home at 6 a.m. by U.S. law enforcement and asked to hand […]
Polymarket ‘whale’ earned $85M on Donald Trump win

A French “whale” that bet millions of dollars on Trump's victory made a profit of about $85 million, more than $50 million more than previously reported, according to the report. The anonymous gambler, known as Theo, was previously believed to be operating four separate accounts on Polymarket, the online betting platform that sold contracts for […]
Polymarket plans to return to US after predicting Trump win

Election betting platform Polymarket plans to return to the US following its success in accurately predicting President-elect Donald Trump's landslide victory over Vice President Kamala Harris in the White House. Polymarket is currently available only to customers outside the United States. Among them is the infamous French “whale” trader who bet millions of dollars on […]