Researchers speculated on the possible identity and motivations behind Fredi’s actions, speculating on a French origin or a larger scheme. The probability of Trump winning surged from near parity with Vice President Kamala Harris to 60.7%, while Harris’s odds dwindled to 39.3%.
Domer, a pseudonymous political crypto bettor, alleged that Fredi has been placing substantial bets exclusively on Trump, reportedly exceeding $25 million. Domer believes that this has disrupted the supply and demand equilibrium on Polymarket, leading to skewed pricing. This revelation comes amid criticism from Hasu, a strategic advisor, who mentioned the misleading reporting on Polymarket’s website.
A researcher has accused a crypto bettor operating under the pseudonym ‘Fredi9999’ or simply ‘Fredi’ of manipulating the odds for former President Donald Trump on the crypto platform Polymarket. Further analysis revealed that Fredi9999 is not confined to a single account.
Instead, multiple accounts controlled by the same entity hold positions worth around $28 million.
