![Who Is Shayne Coplan? FBI Seizes PolyMarket CEO’s Phone and Computer after Betting Platform Correctly Predicted Trump’s Win [Video]](https://smallbizsage.com/wp-content/uploads/2024/11/mp_333000_0_shaynecoplanjpg.jpg)
The FBI has seized the phone and electronic devices of Polymarket’s CEO after the election-betting platform accurately predicted Donald Trump’s victory. Shayne Coplan, 26, was reportedly confronted at his Soho home in an early-morning raid on Wednesday, according to sources speaking to the New York Post.
Law enforcement woke the 26-year-old entrepreneur in his Soho apartment at 6 a.m., demanding him to hand over his phone and other electronic devices, a source told The New York Post. Coplan was not given an explanation for the raid. However, the source believes it was politically motivated, as Polymarket had correctly forecast a decisive Trump victory over Kamala Harris, contrary to traditional polls.
Raided for Making Correct Predictions
One insider slammed the seizure, calling it “a prime example of political theater at its worst.”
“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 …
![He Said, She Said: How to Manage Online Customer Reviews [Video]](https://smallbizsage.com/wp-content/uploads/2023/08/mp_175672_0_YoastSEOSocialPhoto1200x6285png.png)
![Merchants Fleet Survey Reveals AI to Have a Huge Role in 2024 Holiday Deliveries | PR Newswire [Video]](https://smallbizsage.com/wp-content/uploads/2024/11/mp_335119_0_65a7edd1d7a1eimagejpg.jpg)
![Furniture retailer closing all stores, including Upstate NY locations [Video]](https://smallbizsage.com/wp-content/uploads/2024/11/mp_333616_0_4K6C6YLNSZEXZCYTIRYUWGIHIAjpg.jpg)
![Whitman County reports surge in whooping cough cases [Video]](https://smallbizsage.com/wp-content/uploads/2024/11/mp_333697_0_FeaturedImageFallbackTopStory1jpg.jpg)