George Santos settles federal probe over State of the Union bets on Kalshi
- Disgraced former Congressman George Santos has agreed to a $35,000 settlement with federal investigators, resolving an inquiry into suspicious trades he made on the prediction marketplace Kalshi.
- The agreement addresses bets Santos placed against his own plans to attend President Donald Trump’s State of the Union address.
- The onetime Republican lawmaker from New York stated he settled with the federal Commodity Futures Trading Commission to "put this matter behind him," while maintaining he did not admit to any wrongdoing.
Confirmed
- The agreement addresses bets Santos placed against his own plans to attend President Donald Trump’s State of the Union address.
Unverified
- Disgraced former Congressman George Santos has agreed to a $35,000 settlement with federal investigators, resolving an inquiry into suspicious trades he made on the prediction marketplace Kalshi.
- The onetime Republican lawmaker from New York stated he settled with the federal Commodity Futures Trading Commission to "put this matter behind him," while maintaining he did not admit to any wrongdoing.
Sources: The Hill, The Independent