FBI raided the home of Shayne Coplan the chief executive of the predictive betting site Polymarket. He was instructed to give the agents his phone and other electronic gadgets. Polymaket felt that this raid was a retaliation by the Joe Biden administration for the betting platform's accurate predictions of the outcome of the elections.
But the Department of Justice claimed that Polymarket is under investigation for allegedly allowing US-based users to bet on the site. Polymarket doesn't have permission to operate bets and predictions in the US but users usually invade the prohibition using VPNs.
Elon Musk and Brian Armstrong have both criticised this raid calling it an attack on political opponents of the present administration. Most people think that this attack was because the government thinks that Polymaket's polls that showed overwhelming support for Donald Trump contributed to his victory.
Do you think gambling platforms should avoid political events?
https://www.google.com/amp/s/amp.theguardian.com/technology/2024/nov/13/fbi-raid-polymarket-founder-trump-election
Topic: Should gambling platforms avoid political events? - page 9. (Read 1361 times)
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