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Polymarket

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Polymarket Trader Loses Millions on Tyson After Making Bank on Trump

Prediction markets are usually structured as yes/no bets on a given outcome; each share pays out $1 (in cryptocurrency, in Polymarket's case) if the...
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Crypto News

Polymarket CEO Shayne Coplan’s Home Is Raided by FBI

"This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election," the spokesperson...
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Crypto News

FBI Raids Polymarket CEO Shayne Coplan, Seizes Devices

the FBI has seized electronic devices belonging to Shayne Coplan, the 26-year-old CEO of Polymarket, a prominent prediction market platform. This action came shortly...
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Crypto News

Republicans Look Set to Clinch Electoral Sweep, Echoing Polymarket Bets

If these results hold, Democrats would need to sweep their races in California, which has 12 races yet to be called by the AP,...
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Crypto News

French Regulator Says It’s ‘Examining’ Polymarket

The scrutiny comes after a French national, known only by his first name, Theo, profited handsomely on Polymarket by placing large, and ultimately correct,...
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Crypto News

Polymarket Bettors Think Donald Trump More Likely to Pardon Jan. 6 Protestors Than Ross Ulbricht

Although Trump didn't provide a specific reason as to why he thinks Ulbricht should be freed, many view Ulbricht’s double-life sentence without parole as...
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Crypto News

Polymarket Projects a GOP House, Clinching Trump Trifecta

If the prediction market's traders are right – and lately, they've been right – the election results are even more bullish for crypto than...
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Crypto News

Polymarket Resolves Presidential Election Contract

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.
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