Polymarket’s CEO Shayne Coplan believes the recent FBI raid on his devices may have political motives, as the administration targeted firms linked to political opposition. Despite accusations of data manipulation in favor of Trump, Polymarket operates as a non-partisan platform. Industry figures like Coinbase CEO Brian Armstrong and Kraken’s Jesse Powell criticize the raid, suggesting potential political motivations and abusive practices by authorities. Blockchain Association CEO Kristin Smith emphasizes the importance of supporting innovation like Polymarket domestically.
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