French Regulator Examines Polymarket After Bets on Trump
- Inquiry follows publicity around French trader’s huge bets
- New evidence on whale’s profit grows haul to more than $85 mln
The Polymarket website on Nov. 7.
This article is for subscribers only.
France’s gambling regulator is examining the operations of cryptocurrency-based prediction markets platform Polymarket to see if it complies with its rules following a surge in user demand around the US presidential election.
The scrutiny comes after a pseudonymous trader, identified by Polymarket as a French national, made large bets using four separate accounts on the platform in favor of Donald Trump winning the race.