A bettor known only as Théo, claiming to be a former French trader, has achieved remarkable success by wagering $70 million on Donald Trump’s victory in the U.S. presidential election, reportedly earning $85 million in profits. This information, confirmed by Chainalysis, highlights a growing trend on the offshore betting platform Polymarket, which allows cryptocurrency wagers. Despite being theoretically banned for U.S. residents, Polymarket significantly favored Trump’s chances, diverging from conventional polls that showed a close race with Democratic candidate Kamala Harris.