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Meanwhile:
The FBI raided Polymarket CEO Shayne Coplan's Manhattan apartment, seizing his phone and electronic devices - Although no charges were filed, the raid has sparked controversy, with speculation of political retribution and concerns over potential market manipulation, as Polymarket faces scrutiny both in the U.S. and from French regulators.
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.”
A Fortune report published a week before the election found widespread evidence of wash-trading on Polymarket. "Polymarket's Terms of Use expressly prohibit market manipulation," a Polymarket spokesperson told Fortune in a statement.
https://fortune.com/crypto/2024/10/30/polymarket-trump-election-crypto-wash-trading-researchers/