The FBI raided the home of Polymarket CEO Shayne Coplan on November 13, 2024, in a probe over whether the platform improperly accepted U.S. bets, contradicting a previous settlement with regulators. The search, which involved seizing Coplan's phone and devices, sparked claims of political retaliation from Coplan and Polymarket, especially after their accurate predictions during the recent presidential election. Despite legal restrictions, many U.S. users reportedly accessed the platform via VPNs, raising ongoing questions about the regulatory landscape for such markets.