Gambler Wins $85 Million On Trump Election Bet via Crypto Platform

A French bettor, identified only as Theo, earned $85 million from a series of wagers on Polymarket, a crypto-based prediction platform, betting on Donald Trump’s election victory. The man placed $70 million in bets, later cashing out with a hefty profit. Polymarket, operating offshore, is under scrutiny after an FBI raid on its CEO’s home amid concerns over its operations.