A French trader, who is among the largest bettors on the 2024 presidential election outcome on the prediction market Polymarket, said he made the trades to make money not due to a political agenda.

What Happened: A prediction market for the 2024 presidential election has attracted over $2.39 billion in wagers on prediction market Polymarket, with a French trader among several large “whales” backing Donald Trump.

The large bets on Trump have prompted questions on the integrity of the prediction market and questions on the identities of the accounts with the biggest wagers.

A French trader who called himself Théo said he has bet more than $30 million on Trump winning the 2024…

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