From FBI raids to being the youngest self-made billionaire!

4 Feb 2026 · 1 min

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The video narrates the rapid ascent of Shane Coplin, founder of Polymarket, from a high‑school crypto enthusiast to the world’s youngest self‑made billionaire. In 2013, while still in high school, Coplin bought Ethereum at roughly $0.30 and began studying how prediction markets could function on decentralized platforms. This research culminated in the launch of Polymarket in 2020, a market where users trade on real‑world outcomes—elections, economics, geopolitics—with prices reflecting live probabilities rather than pure gambling. During the 2024 U.S. presidential election, Polymarket accurately forecasted the result weeks before traditional polls and even hinted at President Biden stepping aside months earlier. A week after the election, the FBI raided Coplin’s apartment, seizing his phone and computer, but no charges were filed and the investigation was eventually dropped. Following the raid, Wall Street investors poured capital into Polymarket, pushing its valuation into the multi‑billion‑dollar range and making Coplin a billionaire at age 26. The video concludes with a call to follow the channel for more entrepreneur stories.

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Did you know the FBI once raided a guy's apartment for predicting the US presidency? And now he's the youngest self made billionaire in the world. This is Shane Coplin, founder of Polymarket. Back in 2013, Shane was still in high school. Already obsessed with crypto and decentralized systems. He was one of the earliest Ethereum adopters, buying in when Eth was around 30 cents. But instead of cashing out, he spent years studying how prediction markets could actually work. That obsession became Polymarket, launched in 2020. It looks like a betting site, but it's not. Gambling users trade on real world outcomes, elections, economics, cheap geopolitics, where prices act like live probabilities. During the 2024 US election, Polymarket correctly predicted the outcome weeks before traditional polls. It even signaled Biden stepping aside months in advance. Then things got wild. One week after the election, the FBI raided Shane's apartment, seizing his phone and computer. No arrest, no charges. Just an investigation into whether Americans were using the platform. Eventually, the case was dropped. After that, institutional money flooded in. Wall street backed Poly Market, pushing its valuation into the multi billion dollar range. And because Shane owns a massive stake, that made him a billionaire at just 26. From crypto ne FBI raid to billionaire. For more entrepreneur stories and information like this, follow ubk.