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Farage Aide Loses $550K Betting Against U.S. Strike

3/5/2026

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Story summary
  • George Cottrell, a banker and convicted fraudster, lost $550,000 betting against a U.S. strike on Iran.
  • Cottrell is a key aide to Nigel Farage.
  • He placed a Polymarket wager predicting the U.S. would not bomb Iran by February 28, 2026.
  • The bet was invalidated when the strike occurred.
  • He has helped raise funds for Farage's campaigns, including Ukip and the Brexit Party.