A Polymarket account that funneled roughly $8.8 million into bets on Donald Trump winning the 2024 US presidential election has been linked to George Cottrell, a political aide and major donor to Reform UK leader Nigel Farage. The connection was drawn by on-chain investigator ZachXBT, who identified the account operating under the username GCottrell93 with what he described as high confidence. The bets reportedly paid off handsomely, generating around $4.4 million in profits. Following the money on-chain According to ZachXBT’s findings, the GCottrell93 account received its deposits in late October 2024 from two unidentified wallets. The funds were routed through exchanges including OKX and ChangeNOW, a swap service that doesn’t require identity verification for most transactions. Polymarket operates on the Polygon network and uses pUSD, a USDC-backed token, to collateralize trades. That architecture means every deposit and withdrawal leaves a permanent on-chain trail, which is exactly how ZachXBT was able to piece the account’s activity together. Cottrell, 32, is known in British political circles by the nickname “Posh George.” He has a prior criminal conviction for wire fraud in t...
Polymarket account linked to Farage aide George Cottrell’s $8.8M Trump bets
1 week ago
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