FBI seizes Polymarket CEO's phone amid investigation, following the platform's correct prediction of Trump's election victory ...

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The U.S. Federal Bureau of Investigation conducted an early-morning raid on the residence of Polymarket Labs Inc. Chief Executive Office Shayne Coplan today, seizing his phone and electronic devices ...

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Coplan was reportedly not arrested or given a reason for the raid, but it is thought to be linked to his accurate predictions ...

The raid occurred shortly after last week's presidential election, during which Polymarket, an offshore cryptocurrency-based gambling website, had significantly higher odds for Donald Trump compared ...

The FBI conducted a raid at Polymarket CEO Shayne Coplan's home Wednesday morning, a company spokesperson told BI.