RegulationGambling Insider · 5h ago
CFTC Fines George Santos $35K for Manipulating State of the Union Prediction Market
By Chavdar Vasilev•August 3, 2026
The brief
The regulator said the former congressman made misleading public statements about attending President Trump’s speech while trading contracts tied to the outcome. The Commodity Futures Trading Commission (CFTC) has fined former U.S. Rep. George Santos roughly $35,000 after concluding he manipulated a Kalshi prediction …
Original report
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