The man betting more than $30 million on Donald Trump’s victory wants people to know he’s not out to meddle in U.S. politics.

“My intent is just making money,” said the bettor, a Frenchman who calls himself Théo, in a reported Zoom call with The Wall Street Journal.

Once a trader in U.S. banks, Théo described himself as a seasoned financial player with a knack for big trades. But to him, this high-stakes wager on Trump isn’t about ideology. It’s business.

Théo’s huge bets on Polymarket (a platform where Americans can’t legally participate in by the way) gained attention in recent weeks. These bets have raised Trump’s odds against Vice President Kamala Harris, according to Polymarket’s own tracking.

And on-chain data showed all four accounts were funded by the same crypto exchange, raising questions about whether Théo has a hidden agenda.