Thursday, 26 December 2024

BREAKING: FEDS Raid Home of Polymarket CEO and Founder!


It looks like the Biden Regime is going to push the lawfare terrorizing it’s own citizens right up to the very last minute….

In a stunning move, the Polymarket CEO’s home has been raided and phone, electronics seized.

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:

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

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:

And from Cerno:

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!

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!

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

Getting lost a bit in all the celebration over President Trump winning is one small little detail....

Not only did President Trump win in historic fashion, but it was a Clean Sweep across the board.

This is what you call a "Massive Mandate" by the American People.

The Presidency.

The Senate.

The House.

The Popular Vote.

WE WON IT ALL!

Conventional wisdom heading into the Election was that Trump might win the Presidency and the Senate, but definitely not the House.  And definitely not the Popular Vote.

But he did.

And now you are about to see history made these next 4 years as there is NOTHING holding this man back.  Nothing.

He has the Supreme Court behind him with a 6-3 split, and often 7-2.

MAGA controls BOTH the House and Senate, so there is no split Congress.

They can push through literally anything they want (and believe me, they will).

Judicial appointments?  Check.

Legislation?  Check.

Cutting 90% of Government?  Check.

Elon and DOGE?  Check.

RFK, Jr. making America healthy again?  Check.

Folks, I can't quite underscore just how important this is....

There was a possibility that Trump would have gotten in, but been hampered by a split Government and a Congress stopping most of what he wanted to do.

Not now.

Also, in his First Term, he was new to Washington and didn't know who he could trust.

Now with nearly 10 years under his belt, he knows where all the bodies are buried and this time he's coming in with his team of Avengers already assembled.

Trump.

Elon.

RFK.

Tulsi.

Tucker.

Vivek.

Vance.

This time he comes in with no restraints and the Dream Team ready to hit the ground running on Day 1.  BEFORE Day 1, even.  Because the Transition Team actually started their work BEFORE the Election.

Remember this report from a few days ago?

BOMBSHELL: RFK Jr. Confirms The Trump Transition Team Has Already Started!

And now since we spent so much time looking at Polymarket leading up to the election, I thought I'd just show you a visual depiction of how things ended up....because sometimes pictures are truly worth a thousand words.

Trump wins the Presidency:

In the end, every single Swing State broke for Trump.

All 6 of them:

The morning of the Election, Trump only had a 27% chance of winning the Popular Vote and yet he pulled that off too in the end.

Something NO ONE expected and historically has been almost impossible for a Republican due to current demographics:

And here's my favorite part....

A clean RED SWEEP was thought to not be possible, and yet here it is:

It's a beautiful thing!

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

View the original article here.


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