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★ Government Action

Polymarket CEO attends Trump White House crypto summit while under federal investigation

Betting Goes LegalDonors, Cases DroppedEasing Up on Crypto

Filed March 2025

★ The Brief

What happened

In March 2025, Polymarket founder and CEO Shayne Coplan was invited to and attended a crypto-industry summit that President Trump hosted at the White House. Coplan publicly thanked Trump on social media, writing that the administration's "commitment to collaboration with American innovators is revitalizing the American dream." At the time, both the Justice Department and the Commodity Futures Trading Commission had open investigations into Polymarket.

Who enabled it

Donald TrumpSCShayne Coplan

Who benefits

SCShayne Coplan

Deal or steal?

Coplan got a White House invitation while his company was under two active federal investigations — and within roughly a year, both were gone. Trump's commodities regulator closed its Polymarket probe and the Justice Department dropped its own investigation, clearing the company's path back into the U.S. market. The summit seat came first; the cleared cases followed.

★ Cast your vote

Polymarket CEO Shayne Coplan was invited to and attended a crypto industry summit hosted by President Donald Trump at the White House in March 2025. Coplan publicly thanked Trump for the invitation on social media, writing that the administration's 'commitment to collaboration with American innovators is revitalizing the American dream.' The summit occurred while federal investigations of Polymarket by the DOJ and CFTC remained open.

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