Investing.com – Many investors benefited greatly from Trump's victory in the US presidential elections, which triggered a powerful market rally and new record highs in several assets.
Apart from billionaire shareholders of large companies, who have seen their fortunes jump with the price of the shares they hold, independent French traders have largely done well, with a gain estimated at more than 85 million dollars, according to Chainalysis data.
Operating on the political betting blockchain platform Polymarket, this trader, known as Théo, managed 11 accounts and was at one point accused of participating in a manipulation of opinion in favor of Trump, by increasing his chances of winning. victory on the widely followed platform.
However, Theo refuted those accusations in an interview with the Wall Street Journal last week, arguing that his bets simply reflected a strong belief in Trump's victory.
Note that the operation was not easy for the daring trader, who at one point showed around $3 million in latent losses on his positions, while the gap between Trump and Harris was narrowing, at the eve of the election.
Note that in total, Polymarket recorded approximately $3.7 billion in bets on the winner of the American presidential election.
Finally, it should be noted that this matter attracted the attention of the French authorities, who have since decided to investigate the site and ensure that it complies with national legislation, which could lead to a ban on the site. platform in the country.
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