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Sports BettingGamblingNews · 2h ago

Ex-US Congressman to Settle with CFTC Over Kalshi Trades on Himself

By Mike JohnsonAugust 4, 2026

The brief

A former US congressman will now pay $35,000 to settle a federal investigation into alleged trades on the prediction market platform Kalshi. According to investigators, George Santos placed a trade on whether he would attend President Donald Trump’s State of the Union address in February. A settlement amount in the ab…

Original report

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