🚨 The Wall Street Journal reported, citing informed sources, that Shain Coeplan, CEO of the prediction platform “Polymarket,” ignored warnings related to an alleged fraud scheme carried out using a stolen debit card. According to the report, the operation aimed to seize at least $10 million through the platform. The newspaper added that Coeplan asked employees in the compliance department to focus on the company’s expansion and growth, while dealing with any potential fines or regulatory consequences later. It was not clear whether authorities had opened an official investigation into the incident, and “Polymarket” did not immediately respond to the paper’s request for comment. To date, this information is based on sources whose identities have not been disclosed, and no independent confirmation has been issued for all of its details.
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