Federal law enforcement agents raided the downtown New York City home of Polymarket CEO Shayne Coplan on Nov. 13, seizing his phone and electronics, the company said.
The early-morning raid followed last week’s presidential election, in which bettors on Polymarket, an offshore, crypto-fueled election gambling website, had for weeks put President-elect Donald Trump’s odds higher than those of Vice President Kamala Harris, in a divergence from some opinion polls.