Sam Ernst
@ernstsamm
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Polymarket has closed access to French citizens. Earlier this month, it became known that the French gambling regulator Autorité Nationale des Jeux (ANJ) was investigating the activities of the platform. A week later, the US FBI confiscated the phone and other devices of the site administrator Shane Coplan, he himself was not detained.
The attention to Polymarket was triggered by the news about how a trader from France earned more than $45 million on cryptocurrency bets from four accounts, predicting the outcome of the U.S. presidential election on November 5. According to this trader, making bets, he is not a supporter of any party and did not pursue other goals than making money.
On November 6, the first day of counting the votes in the American elections, the volume of bets of the largest pool on the topic of elections Presidential Election Winner 2024 on Polymarket was $3.65 billion. The profit of the ten largest accounts of this forecast, betting on the victory of Donald Trump, reached $75 million. 0 reply
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