Polymarket Account in Farage Backer's Name Took $9M in Crypto From Unknown Sources: FT

Here is the latest from the digital-asset markets: In brief The Financial Times reported that a Polymarket account in the name of George Cottrell—a convicted fraudster who has bankrolled Nigel Farage—took in $8. 8 million in crypto from unidentified sources in 2024.

The "GCottrell93" account staked the money on Donald Trump winning the U. 46 million in profit, then moved almost all of it out to other wallets.

An earlier Sunday Times investigation found that Cottrell had paid for travel, staff, and accommodation for the Reform UK leader, benefits that Farage denied required registration.

This shift continues to shape the digital-asset landscape, with analysts examining its near-term effects.