[cperkins]

If this were aimed at Polymarket and their betting activities, then their lawyers would be getting subpoenas and the like, and a raid on their president would most likely be in concert with raids on their offices. AFAICT, it was only his person targeted.

That the FBI raided the home of an individual most likely means a criminal investigation of that person, for a federal crime or a crime that crosses state boundaries.

[nl]

Bloomberg explicitly says it is part of an investigation of Polymarket allowing US users[1].

I guess it follows the pattern of the Binance investigation where they were able to show the Binance CEO instructed people to make sure the technical measures they implemented to ensure only non-US people were on their exchange were easy to bypass.

[1] https://www.bloomberg.com/news/articles/2024-11-13/polymarke...

[cft]

https://x.com/disclosetv/status/1856841521334816928

they are investigating Polymarket itself

[1propionyl]

It is 2024... how are people still credulously using DiscloseTV as a source?

It's not about political inclination but rather that there's no reason to keep trusting a source that has lied repeatedly, sensationalized repeatedly, and seems to have a very loose relationship with being "journalism" rather than entertainment (bait).

[cft]

What about Bloomberg?

https://www.bloomberg.com/news/articles/2024-11-13/polymarke...

[cyanydeez]

Its 2024, Donald trump is president elect backed by "geniuses" of silicon valley

[NotYourLawyer]

I mean. People still read the Washington Post!