Foresight News
Foresight News|Jul 02, 2026 00:52
[Investigative Journalist: Polymarket's Official Founding Narrative is Misleading, Deeply Tied to Israeli Interests and Peter Thiel] Foresight News reports that investigative journalist Whitney Webb has published a series of investigations into the origins and ambitions of Polymarket. She claims that the official narrative of Polymarket, which states that 'Shayne Coplan founded the company alone in 2020 and started it in a bathroom,' is not accurate. The origins of Polymarket can be traced back to the earlier company TokenBnk and are linked to a crypto company founded by the nephew and niece of Benjamin Netanyahu. She argues that Polymarket is essentially a product of Peter Thiel and his team’s attempt to revive the Pentagon's failed project, Policy Analysis Market (PAM). This project was previously canceled due to controversy, and Polymarket is seen as its 'privatized reincarnation.'
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