According to the news from Bijie.com, the New York home of Polymarket CEO Shayne Coplan was raided, marking the uncertain future of the prediction market. Since its establishment in 2020, Polymarket has been under the attention of regulators. In 2022, Polymarket reached a settlement with the Commodity Futures Trading Commission (CFTC), paid a fine of $1.4 million, and promised to ban US residents from betting on its platform. However, the Treasury Department is investigating whether it accepts transactions from US users. The CFTC proposed to ban the prediction market, believing that it could lead to market manipulation and ethical issues. French regulators are also investigating Polymarket, showing that its problems are complicated.