George Santos to Pay $35K After CFTC Finds Kalshi Market Manipulation

George Santos to pay $35K after CFTC finds Kalshi market manipulation

George Santos has settled CFTC case over Kalshi prediction market trades by accepting penalties and a three-year trading ban after regulators found he made misleading public statements while betting on his attendance at President Donald Trump’s State of the Union…

Disgraced gay congressman George Santos to pay $35K over online gambling scandal

Disgraced gay former Rep. George Santos (R-NY) agreed last Friday to pay over $35,000 to settle an insider trading accusation that he placed a bet on the online gambling site Kalshi that he would not attend President Donald Trump’s February 26 State of the Union (SOTU) Address. Santos had initially said he planned on attending, but claimed to be stuck at an airport instead on the night of the event. The Commodity Futures Trading Commission (CFTC…