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FBI Targets Polymarket CEO Following Trump Prediction – Coinbase CEO Speaks Out

  • Betting platform Polymarket and its CEO are reportedly under investigation by the FBI following the accurate prediction of Donald Trump's re-election.
  • The FBI raided the CEO's home, confiscating electronic devices, leading to suspicions of political motivation.
  • Polymarket had predicted Trump's victory with odds of 58%, which eventually climbed to 95%, and a French trader made $46 million from a $26 million bet on Trump.
  • Coinbase CEO Brian Armstrong supports Polymarket, suggesting that the government's actions may inadvertently strengthen the platform.

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