FBI Raids Polly Market CEO's Home in New York

Federal authorities raided the home of Polly Market CEO Shane Koblan in New York, seizing his phone and electronics. This came after Trump’s betting odds surged post-election.


FBI Raids Polly Market CEO's Home in New York

According to New York Post information, federal agents investigated Shane Kaplan, the founder of Poly Market. Reuters confirmed that representatives of federal law enforcement agencies conducted a search at the home of general director of the company Shina Kaplan in downtown New York City, seizing his phone and electronics.

Many who bet on Poly Market, a platform for betting on elections abroad and cryptocurrencies, during the past week were expecting that the probability of Donald Trump's victory was significantly higher than the probability of victory for vice president Kamala Harris, which sharply contradicted poll results of public opinion.

The search took place following the presidential elections in the USA.