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Tag: Polymarket

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85% – Cointelegraph

Crypto Community members are growing more optimistic about the approval of the XRP Exchange-Traded Fund (ETF) following the resolution of a multi-year legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). On March 19, Ripple CEO Brad Garlinghouse announced that the incident had ended. In a post on X, Ripple executives said […]

2025 XRP ETF approval odds hit 81% on Polymarket – Cointelegraph

XRP (XRP) has skyrocketed over 10% over the past two days due to positive developments, including referrals to XRP ledger exchange operations (ETFs) and real world assets (RWAs). XRP 4-hour chart. Source: CointeLegraph/TradingView Altcoin repeated resistance past $2.50, showing a sweep of overhead liquidity, driving the rally to a high of $2.78 on February 14th. […]

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 […]

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 […]