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TEXXR

Chronicles

The story behind the story

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Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users

- Polymarket says FBI agents seized CEO's phone, electronics  — Platform has taken recent measures to weed out US traders

Bloomberg

Discussion

  • @shayne_coplan Shayne Coplan on x
    It's discouraging that the current administration would seek a last-ditch effort to go after companies they deem to be associated with political opponents.  We are deeply committed to being non-partisan, and today is no different, but the incumbents should do some self-reflecting…
  • @shayne_coplan Shayne Coplan on x
    new phone, who dis?
  • @news_of_alpha @news_of_alpha on x
    [🌲] FBI seizes Polymarket CEO's phone, electronics after betting platform predicts Trump win according to sources: NYP
  • @ryansadams Ryan Sξan Adams on x
    Being reported that the FBI raided Polymarket founders home this morning & seized his phone and electronics. They gave him no reason. Polymarket predicted Trump would win. This looks like political retribution and is actually bone chilling. WTF is this administration doing. [imag…
  • @sarah07144297 @sarah07144297 on x
    Leaked email shows Kalshi growth exec @indsc2 tried to plant a news story containing false claims about wash trading and money laundering on Polymarket Kalshi appears to be spreading misinformation about Poly behind the scenes. [image]
  • @mdudas Mike Dudas on x
    i still can't believe the obama / warren / harris doj was moronic enough to kick in the door of the polymarket founder you simply couldn't paint a more graphic political retribution picture the end of their illegal overreach is nigh
  • @elonmusk Elon Musk on x
    @shayne_coplan Indeed
  • @lucanetz Luca Netz on x
    Polymarket token to $100b
  • @elonmusk Elon Musk on x
    @brian_armstrong This seems messed up
  • @ryansadams Ryan Sξan Adams on x
    @brian_armstrong If they're trying to radicalize moderates It's working I'm tired of seeing our builders and my friends in crypto get arrested, raided, lawfared, and harassed by government officials
  • @seanmdav Sean Davis on x
    The Polymarket founder was a Harris-Walz donor, but they're going after him anyway, probably because he didn't sufficiently rig the platform against Trump like the corrupt intel state wanted. https://nypost.com/...
  • @ntmoney Nick Tomaino on x
    Let's not forget this is the same administration that empowered FTX and Sam Bankman-Fried before the crypto industry on X exposed the fraud. Polymarket is on the right side of history. [image]
  • @adamscochran Adam Cochran on x
    @brian_armstrong And there we go. It's a probe on potentially knowingly allowing US users, just like we saw with foreign exchanges. Nothing to do with politics or who it predicted.
  • @trading_axe @trading_axe on x
    This is the single most bullish thing that could ever happen to Polymarket. I give it a small window of time before Trump is on national news backing Shayne. FBI are literal noobs. Retar Dio.
  • @ryansadams Ryan Sξan Adams on x
    I consider myself politically moderate & anti-authoritarian. Last week felt like a boot lifting off our necks - that's how oppressive the current regime has on crypto Today I see another crypto founder & friend raided by the FBI - no clear reason Feels like the boot is back
  • @nkulw Noah Kulwin on x
    Well everyone could have seen this coming
  • @rargulati Raghav on x
    Brian's right, Streisand effect will play for Polymarket (and crypto). It's like trying to censor speech - the more you try, the more people want to know what was said.
  • @brian_armstrong Brian Armstrong on x
    What the fuck is wrong with this administration This will backfire - they just made Polymarket even more powerful
  • @pledditor @pledditor on x
    Funny anecdote: I noticed that Polymarket sponsors @TheYoungTurks, which is a YouTube channel focused almost exclusively on American politics. When @cenkuygur shills them, he rarely, if ever, discloses that Americans are actually geofenced from participating
  • @qwqiao @qwqiao on x
    lol this is the first time ive ever seen brian use the f word a hostile admin + skin in the game radicalize u
  • @packym Packy McCormick on x
    legend
  • @shaunmmaguire Shaun Maguire on x
    @shayne_coplan I'm glad you're ok and still have your sense of humor 🤣
  • @banks FaZe Banks on x
    @shayne_coplan Bullish
  • @pronounced_kyle Christian Keil on x
    We might get more data on Shayne actually doing something wrong For now this feels like the FBI raiding the home of a weatherman because he won't stop forecasting rain
  • @danprimack Dan Primack on x
    2/ Details are still very fuzzy, but this “investigation” (putting in quotes, because FBI not commenting) began before the election. Obviously the raid came after.
  • @jseyff James Seyffart on x
    absolutely elite tweeting from the polymarket CEO
  • @micsolana Mike Solana on x
    @shayne_coplan why wasn't this on polymarket is the only thing I wanna know
  • @cobratate Andrew Tate on x
    @shayne_coplan See you in jail friend 🫡
  • @spreekaway @spreekaway on x
    something tells me attorney general Gaetz is not likely to proceed with a polymarket prosecution 😂
  • @autismcapital @autismcapital on x
    🚨 BREAKING: Polymarket CEO, Shayne Coplan, has phone and electronics seized by the FBI. Ummm....what? 😮
  • @dogetoshi Steven on x
    Biden's FBI going after Polymarket but Kamala's presidency would have been pro crypto?
  • @0xmerp @0xmerp on x
    Polymarket is fast at spinning up new markets [image]
  • @zck Zak Kukoff on x
    to some extent it feels as though anyone too controversially successful will attract government searching for problems. we need to stop penalizing our winners
  • @joshuaogundu Josh on x
    Tell me about why you're more bullish on prediction markets now vs before again please
  • @ericbalchunas Eric Balchunas on x
    @News_Of_Alpha Guilty of embarrassing too many pollsters
  • @dogetoshi Steven on x
    “HOW DID YOU KNOW HE'D SAY TAMPON FIVE TIMES???”
  • @functi0nzer0 Laurence on x
    Pardon?
  • @mhonkasalo @mhonkasalo on x
    Legacy institutions will come after you simply for broadcasting the real information.
  • r/behindthebastards r on reddit
    Thiels pet got nabbed.
  • r/inthenews r on reddit
    FBI raids home and seizes phone of Polymarket founder
  • r/news r on reddit
    FBI raids home of Polymarket CEO Shayne Coplan
  • r/somethingiswrong2024 r on reddit
    FBI raids home of Polymarket CEO Shayne Coplan
  • r/law r on reddit
    FBI raids home of Polymarket CEO Shayne Coplan
  • r/neoliberal r on reddit
    FBI raids home of Polymarket CEO Shayne Coplan
  • r/Buttcoin r on reddit
    FBI seizes Polymarket CEO's phone and electronics
  • r/Conservative r on reddit
    FBI seizes Polymarket CEO's phone, electronics after betting platform predicts Trump win