Former Representative George Santos has settled a probe by the Commodity Futures Trading Commission (CFTC) regarding his bets on Kalshi related to the State of the Union. As part of the settlement, Santos has agreed to pay $35,000, which includes fines and profits from the wagers. Additionally, he has been issued a three-year trading ban.
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George Santos Settles CFTC Probe with $35,000 Payment
George Santos has reached a settlement with the Commodity Futures Trading Commission, agreeing to pay $35,000 related to his State of the Union betting activities on Kalshi. The settlement also includes a three-year ban on trading.
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Disgraced ex-Rep. George Santos settles probe into his State of the Union Kalshi bets for $35,000
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George Santos Settles CFTC Probe with $35,000 Payment