Corrupt to the very bitter end?

It looks like it.

The Biden Regime has raided the home of Polymarket CEO Shayne Coplan and his phone and electronics have been seized.

WLT Reported the following:

Polymarket was widely followed leading up to the election and predicted the Trump win on Election Night.

Now they’ve been raided by Biden’s DOJ:

FBI seizes Polymarket CEO’s phone, electronics after betting platform predicts Trump win: source https://t.co/c0fkO9F1Oa pic.twitter.com/Kh2o3ejH5l

— New York Post (@nypost) November 13, 2024

Coinbase CEO Brian Armstrong responded by saying “What the fuck is wrong with this administration?”

https://x.com/brian_armstrong/status/1856815835496792074

When even your Far-Left Silicon Valley tech bros are saying this Regime is out of line, that’s really something!

Elon responded as well:

This seems messed up

— Elon Musk (@elonmusk) November 13, 2024

And from Cerno:

Told you. And FYI, I had zero to do with Polymarket.

Feds are going through EVERYTHING, illegally, to see what they can find, or frame people for. https://t.co/wF5n2LNdV3 pic.twitter.com/TWFaeiixlH

— Cernovich (@Cernovich) November 13, 2024

So of course the Biden Regime knows they can’t prosecute anything here by January 20th, so that’s not the goal.

The goal is to get as much information as possible before they’re out of power.

VERY SCARY!

Weaponizing the DOJ against American citizens!

Here is Coplan recently on CNBC:

“On Polymarket it looked like a done deal, and if you were just watching TV, you would think it’s neck and neck,” says Polymarket CEO Shayne Caplan on the platform’s early call for Trump on Election Day.

Watch more: https://t.co/NRCZmFqill pic.twitter.com/qOU9M9Qb2s

— CNBC (@CNBC) November 7, 2024

The New York Post reports the following details:

FBI agents raided the Manhattan apartment of Polymarket CEO Shayne Coplan early Wednesday morning — just a week after the election-betting platform successfully predicted Donald Trump’s stunning victory, The Post has learned.

The 26-year-old entrepreneur was roused from bed in his Soho pad at 6 a.m. by US law enforcement who demanded he turn over his phone and other electronic devices, a source close to the matter told The Post.

It’s “grand political theater at its worst,” the source told The Post. “They could have asked his lawyer for any of these things. Instead, they staged a so-called raid so they can leak it to the media and use it for obvious political reasons.”

Coplan was not provided with a reason for the raid, but the source suspects it was political retribution since Polymarket accurately predicted an easy Trump triumph over Vice President Kamala Harris – as opposed to traditional polls.

The source also speculated that the government is likely piggybacking off liberal media reports that accuse Polymarket of market manipulation and rigging its polls in favor of Trump.

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” the source said.

Coplan was not arrested and has not been charged, a Polymarket spokesperson told The Post on Wednesday evening.

“Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections,” the rep said.

“We charge no fees, take no trading positions, and allow observers from around the world to analyze all market data as a public good.”

The FBI did not immediately respond to a request for comment.

Coplan posted on X after his run-in with the feds: “New phone, who dis?”

Polymarket does not allow trading in the US, though bettors can bypass the ban by accessing the site through VPN.

The FBI’s investigation comes a week after Coplan said Polymarket is planning to return to the US.

The platform – which showed Trump with a 58.6% chance of winning the morning before Election Day and Vice President Kamala Harris’ odds at 41.4% – has also been linked to Trump and his allies.

Billionaire Trump supporter Peter Thiel raised about $70 million in funding for Polymarket, according to a Forbes report earlier this year.

In 2022, the online gambling platform was forced to pause its trading in the US and pay a $1.4 million penalty to settle charges with the Commodity Futures Trading Commission that it had failed to register with the agency.

Since then, the platform has only been available for bettors in other countries. After the election, a mystery French trader raked in a whopping $85 million in profits on Trump bets — more than $50 million more than previously reported, the Wall Street Journal reported on Wednesday.

One week before the election, a Fortune report said analysts at two crypto research firms found widespread evidence of wash-trading on Polymarket – an illegal form of market manipulation in which a trader buys and sells the same entity to create a false impression of market activity.

“Polymarket’s Terms of Use expressly prohibit market manipulation,” a Polymarket spokesperson told Fortune in a statement.

We covered Polymarket on the lead up to the election and on Election Night.

It appears the Biden/Harris Regime did not like this outcome:

CLEAN SWEEP: We Won It ALL — President, House, Senate, Popular Vote!

This is a Guest Post from our friends over at WLTReport.

View the original article here.