New York Post Report Says Polymarket CEO's Home Raided by FBI for Correctly Predicting Trump Victory

Nick Kangadis | November 13, 2024
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What was it the Kamala Harris campaign kept saying about Republicans and President-elect Donald Trump? Remember? That he would “weaponize” the Department of Justice (DOJ) and the intelligence agencies against their political opponents despite already having done that themselves to many people on a regular basis.

Well, the Federal Bureau of Investigation (FBI) is at it again.

According to a report by the New York Post, 26-year-old Shayne Coplan, the 26-year-old CEO of election-betting platform Polymarket, had his home in Manhattan raided by the feds Wednesday morning. Authorities reportedly seized Coplan’s “phone and other electronic devices.”

“A source close to the matter” told the Post that there was no reason given for the raid, going so far as to tell the outlet that this was done to Coplan for no other reason than “grand political theater.”

“They could have asked his lawyer for any of these things,” the source said. “Instead, they staged a so-called raid so they can leak it to the media and use it for obvious political reasons.”

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

Related: Biden-Harris Admin. ‘Weaponizing’ Judges, DOJ to Protect Illegal Aliens, Judiciary Cmte. Report Warns

The FBI is notorious for their cinematic raids on notable political opposition, including Trump, Trump adviser Roger Stone and former Project Veritas founder and current founder of O’Keefe Media Group (OMG) James O’Keefe.

For context, Polymarket is an election-gambling website where people could place wagers on either who they wanted to win the 2024 election or who they were betting on would win.

Billions of dollars were wagered on the presidential race, with “58.6% chance of winning the morning before Election Day and Vice President Kamala Harris’ odds at 41.4%.”

But because the site has been “linked to Trump and his allies,” also according to the Post, it has led to the belief that the FBI raid of Coplan’s home and confiscation of his property was politically motivated.

For an agency that’s under threat of being downsized to historical proportions, especially by people like Trump-appointed co-heads of the newly minted Department of Government Efficiency (DOGE) Elon Musk and Vivek Ramaswamy, you’d think the feds were calm their perceivably politically motivated attacks on those that don’t ascribe to the “Deep State” way of doing things.

 

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