Former Representative George Santos, a Republican from New York, has agreed to pay $35,000 to the Commodity Futures Trading Commission (CFTC) to settle allegations related to bets he placed on the Kalshi platform. The CFTC announced the settlement on Friday, detailing that Santos wagered on whether he would attend President Trump's address during the State of the Union in February.
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George Santos reaches settlement with CFTC over betting activity
George Santos has settled with the CFTC, agreeing to pay $35,000 over bets he placed on the Kalshi platform regarding his attendance at the State of the Union address. The settlement was announced by the CFTC on Friday.
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George Santos settles with CFTC over Kalshi bets
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George Santos reaches settlement with CFTC over betting activity