Polymarket CEO reportedly brushed off concerns about stolen-debit-card scheme
The Wall Street Journal reports that Shayne Coplan’s response shocked some employees. The prediction market is also bolstering its executive ranks as it eyes an IPO, the newspaper says.
TLDR
The Wall Street Journal reports that fraudsters flooded Polymarket with stolen debit cards and that CEO Shayne Coplan brushed off concerns about the scheme. His response shocked some employees, the newspaper says, portraying the episode as evidence of a growth-at-all-costs approach. The Journal also reports that Polymarket is bolstering its executive ranks as it eyes an IPO.
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