Coinbase CEO criticizes the U.S. Department of Justice's investigation into Polymarket

ChainCatcher news, Coinbase CEO Brian Armstrong criticized the recent investigation by the U.S. Department of Justice (DOJ) into the cryptocurrency prediction market Polymarket.

Armstrong expressed his dissatisfaction on social media, believing that the DOJ's actions are politically motivated and may inadvertently strengthen Polymarket's influence. It is understood that the ongoing investigation involves the search of electronic devices belonging to Polymarket CEO Shayne Coplan.