Polymarket Account in Farage Backer's Name Took $9M in Crypto From Unknown Sources: FT
A Financial Times report says a Polymarket account apparently linked by blockchain evidence to George Cottrell received $8.8 million in crypto from unidentified sources in late 2024 and immediately used it to bet on Donald Trump winning the U.S. election. The funds came mainly from OKX and ChangeNOW, and the account later made about $4.46 million in profit before most money was withdrawn. Cottrell’s ownership of the wallet has not been formally confirmed, though investigator ZachXBT said he has high confidence it is his. The reports add to scrutiny of Cottrell’s ties to Nigel Farage and Reform UK. The Sunday Times says Cottrell funded Farage’s security, travel, accommodation, and staff before his election, benefits Farage did not declare, and later allowed him to stay in a London house he rents. Questions remain over whether unidentified money helped support Farage’s circle or Reform-related activities.
