FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win – Newstrends
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FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

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FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

The Federal Bureau of Investigation on Wednesday carried out a raid at the home of Shayne Coplan, CEO of cryptocurrency prediction outlet Polymarket.

Authorities seized Mr Coplan’s phone during the raid, according to New York Post which first reported the incident.

Mr Coplan, 26, has been running the famous platform for bets throughout the 2024 presidential election in the United States.

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It wasn’t immediately clear why the search was conducted, but Polymarket promptly said it might be due to its activities during the election. Users on the platform had correctly predicted Donald Trump was going to defeat Kamala Harris. The company paid out a substantial amount to winners following the election.

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” a spokesperson for Polymarket said in a statement from its headquarters in New York.  “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.”

It was unclear whether or not the FBI would be filing charges after the raid.

 

FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

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American man arrested for beating tourist to death at Ireland hotel

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American man arrested for beating tourist to death at Ireland hotel

A 30 year old American man whose name was not given by security officials, has been arrested for beating up a 60 year old tourist to death at the Ballyfin Demesne hotel in Laois, Ireland.

The Irish police force commonly known as ‘Garda Síochána’ announced that the incident occurred in the late hours of Tuesday, November 12.

Ballyfin Demesne hotel, is a popular luxury five-star hotel located in Laois, Ireland and special guests such as Kanye West, Kim Kardashian, George Clooney e.t.c had made use of the hotel in times past.

The victim was discovered unconscious in the late hours of Tuesday, November 12 and was then rushed to the hospital were he died due to severe beating inflicted on him by the culprit.

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Independent local councilor James Kelly stated that nearby communities were ‘stunned’ upon learning about the incident at the renowned hotel.

He said, “There would be a lot of staff from the area and they’re totally shocked by what has happened here.

“It’s something we didn’t think we’d be waking up to this morning.”

The police also noted that a senior officer has been assigned to lead the investigation and an incident room has been set up at Portlaoise Garda Station, Ireland.

Furthermore, a family liaison officer will  be designated to assist the family of the deceased.

 

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Two dead, buildings destroyed in American factory explosion

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Two dead, buildings destroyed in American factory explosion

Two employees of Givaudan sense colour, a factory known for making colourings for beverages, located in Louisville, Kentucky, United States (US) were killed in an explosion that took place at the company’s facility.

The factory reported that the incident which took place on Tuesday, November 12 in the afternoon have also destroyed buildings around the company.

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Louisville Mayor, Craig Greenberg stated that firefighters managed to rescue and evacuate numerous individuals from the site, including some who sustained life-threatening injuries.

He also confirmed that all employees present at the plant during the explosion have been accounted for.

Earlier reports indicated that at least 11 workers were hospitalized.

The cause of the explosion is still under investigation.

 

Two dead, buildings destroyed in American factory explosion

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Local security chief arrested over murder of mayor in Mexico

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Alejandro Arcos

Local security chief arrested over murder of mayor in Mexico

German Reyes, a local security official in Chilpancingo, Mexico has been arrested for the murder of the city’s mayor, Alejandro Arcos.

The Mexican authorities announced his arrest via a statement on Tuesday, November 12.

The Mayor was killed in the month of October as security officials discovered his lifeless body in his pick-up truck with his head chopped off and placed on his body.

The brutal killing and decapitation of Mayor Alejandro Arcos, which occurred just days after he assumed office, stunned the nation.

Guerrero prosecutors confirmed the detention of the security official who was identified as German ‘N,’ in line with Mexican practice of withholding the full names of suspects.

However, a local government official later identified him as German Reyes, who was the security chief for Chilpancingo, a city of around 280,000 residents in southwestern Mexico prior to his arrest.

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“The Guerrero prosecutor’s office, the Mexican army and the National Guard, arrested a man for the crime of qualified homicide in Chilpancingo,” the statement said.

The arrest seems to provide more proof of the extensive infiltration of organized crime in local governments across large parts of Mexico, as well as the corruption among local officials.

Reyes had a lengthy career in Mexico’s military, according to his public profile.

Further reports by the police revealed that the Mayor had prior to his death, left Chilpancingo in his truck without a driver or security detail, heading toward the nearby town of Petaquillas, Mexico.

Local media also suggested that Arcos had met with members of Los Ardillos, a criminal group operating in Guerrero, Mexico.

 

Local security chief arrested over murder of mayor in Mexico

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