Polymarket CEO Shayne Coplan responded to a recent New York Times article that scrutinized the platform, clarifying key points about its non-partisan stance and transparency.
The article described Polymarket as a “crypto website where election odds swing in… favor” of former President Donald Trump, which Coplan felt mischaracterized the company’s purpose and operations.
In a statement posted on social media, Coplan emphasized that Polymarket is strictly non-partisan, countering claims that it caters to specific political groups.
He wrote:
“We’re told we’re Dem operatives and MAGA, depending on the day. Unfortunately, the story is much less juicy — we’re just market nerds who think prediction markets provide the public with a much-needed alternative data source.”
He highlighted that the platform offers a space for market-based forecasts, enabling users to engage with>