TechFlow news — On November 14, Polymarket CEO Shayne Coplan responded on X regarding the U.S. Department of Justice's investigation into the platform: "It’s disappointing that the current administration would resort to a last-minute effort to target companies they perceive as aligned with political opponents.
We remain firmly committed to our nonpartisan stance today, just as we always have been. But the current administration might benefit from some introspection and recognize that adopting a more business-friendly, entrepreneur-friendly approach could have altered the outcome of this election.
Polymarket has delivered value to tens of millions of people during this election cycle, without harming anyone. We are deeply proud of that. I can say with confidence that the future of America—especially the future of American entrepreneurship—has never looked brighter. In the face of adversity, we continue to build."
Prior reports indicate that the U.S. Department of Justice is investigating the cryptocurrency prediction platform Polymarket over allegations of accepting transactions from U.S. users.
