• katy ✨@lemmy.blahaj.zone
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    3 days ago

    The incident occured just a week after Polymarket successfully predicted President-elect Donald Trump’s win.

    you misspelled manipulated the market so shady people could pump and dump

  • shortwavesurfer@lemmy.zip
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    3 days ago

    Just remember, they decide what is legal and what is not and when it is and when it is not. If they want to throw you under the bus, they will either find something you have done that violates their laws or they will make one up and use that to railroad you.

  • db2@lemmy.world
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    3 days ago

    It’s “grand political theater at its worst,” the source told The Post. “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 media and use it for obvious political reasons.”

    Coplan was not provided any reason for the incident, but the source said they expect it is political retribution since Polymarket accurately predicted Trump’s win – not traditional polls.

    The government is likely trying to accuse Polymarket of market manipulation and rigging its polls in favor of Trump, the source said.

    Right, because everyone’s out to get the goofball nobody’s ever heard of. 🙄 Traditional polls? The fuck’s that even supposed to mean? And “rigging its polls in favor of Trump” as if some fringe betting site would have had any impact whatsoever on actual election polls?

    If this is even real, and if they “predicted” the outcome accurately then they’re not being picked on, they’re being investigated to find out if there was some chicanery going on in the real polls that this douchecanoe found out about and exploited. Which would be illegal af from multiple angles.