Home BlockchainNigel Farage Confidant Linked to $550K Loss On Iran Strike Polymarket Bet: Report

Nigel Farage Confidant Linked to $550K Loss On Iran Strike Polymarket Bet: Report

by Decrypt
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Nigel Farage Confidant Linked to $550K Loss On Iran Strike Polymarket Bet: Report

In brief

  • An account bearing George Cottrell’s name appeared to lose $550k on an Iran strike bet.
  • An additional $125k loss was tied to a wager on Keir Starmer leaving office.
  • Polymarket is not licensed to operate in the UK.

An account on the prediction market Polymarket that appears to bear the name and birth year of British financier and Nigel Farage confidant George Cottrell lost more than $550,000 on bets about whether the U.S. would bomb Iran.

The “GCottrell93” account wagered roughly $550,000…

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