A Polymarket trader operating under the name Fredi9999, along with related four other accounts, has been placing substantial bets on Donald Trump, sparking major buzz within the trading community. What Happened: Harry Crane,

Polymarket faces scrutiny after large Trump election bets spark concerns over market manipulation. We explore big wagers affecting U.S. election predictions.

BI compiled data on the trading activity of the Polymarket "whale" accounts and found two of them placed more than 2,500 bets in the past 24 hours.

Polymarket is verifying user details to ensure compliance with regulations as large bets are being placed on Trump's win. U.S. users are banned.

Cryptocurrency-based predictions market Polymarket is conducting fresh checks to verify that big spenders on its platform are based outside of the US, since people in that country aren’t allowed to trade on the website that has seen a surge in bets favoring Donald Trump to win the presidential election.

Newly legalized betting on elections spawns a potential $43 million payout for a GOP victory, raises the online odds of a Trump win, as well as concerns about possible foreign interference.

Trump's odds of winning the presidential election have surged to 60% on prediction markets Polymarket and Kalshi, despite recent event cancellations and health rumors.

A new report from Bloomberg notes that a “handful of accounts” have “spent millions of dollars worth of crypto on bets in favor of Trump’s return to the White House.” Indeed, the Wall Street Journal recently ran a story on four highly active Polymarket accounts that have been exuberantly betting on the U.