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former French trader wins $85 million betting on Republican victory

Published on 15/11/2024 07:49

Reading time: 1min – video: 1min

Election of Donald Trump: a former French trader wins $85 million betting on the Republican's victory
Election of Donald Trump: a former French trader wins $85 million betting on the Republican's victory
(franceinfo)

In the “Money Time” section of “L'heure humaine”, Hugues Huet, specialist in international issues, returns on Thursday November 14 to the winning bet of a Frenchman in the American presidential election. This former trader won $85 million betting on Donald Trump's victory.

A Frenchman won $85 million by betting on Donald Trump's victory in the US presidential election. This represents around 78 million euros. “He obviously welcomes Trump's victory. (…) He is a former trader and he had bet the sum of 70 million dollars”indicates Hugues Huet, senior reporter at franceinfo and specialist in international issues, Thursday November 14 in “L’heure humaine”.

“This bet, obviously, was reimbursed to him, but he received in total and net these 85 million dollars. He played on an offshore platform in which was created in 2020”indicates Hugues Huet. “He played with cryptocurrencies, since you can only bet on this platform via cryptocurrencies”specifies the great reporter at Franceinfo TV and specialist in international issues.

Watch the full column in the video above.


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