French Investor Fuels Trump Surge in Prediction Markets

A wealthy Frenchman has significantly impacted betting odds by investing millions in favor of Donald Trump on Polymarket.

Polymarket, a major prediction market, currently gives Donald Trump a 62 percent chance of winning the presidential election.
A French national with extensive trading experience has been identified as the source of a $28 million investment in pro-Trump predictions.
The Frenchman's investments have shifted Polymarket odds significantly, despite his claims of no intent to manipulate the market.
Experts caution against equating prediction market odds with polling data, as they can be influenced by large individual investments.
Concerns have been raised about the potential for wealthy individuals to manipulate prediction markets, although past attempts have generally failed.