Insider trading investigation launched into former Rep. George Santos: Sources
Former Congressman George Santos is under investigation for potential insider trading related to wagers he made on the prediction market Kalshi. The investigation was prompted by suspicious bets Santos placed regarding his attendance at President Trump's State of the Union address. Federal regulators are now examining whether Santos profited from misleading the public and affecting betting odds.
- ▪George Santos is being investigated for possible insider trading on the prediction market Kalshi.
- ▪Santos placed bets that he would not attend the 2026 State of the Union address, but later confirmed his attendance.
- ▪The Commodity Futures Trading Commission is now investigating the matter to determine if Santos made significant profits through deception.
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ABC NewsLiveVideoShowsGood Morning AmericaShopGMAInterest Successfully AddedWe'll notify you here with news aboutTurn on desktop notifications for breaking stories about interest? OffOnStream onInsider trading investigation launched into former Rep. George Santos: SourcesSources say Kalshi flagged wagers Santos made about Trump's SOTUS address.ByKatherine Faulders and Aaron KaterskyJune 3, 2026, 6:18 AM1:32George Santos, former Representative from New York, exits federal court in Central Islip, New York, US, on Friday, April 25, 2025.
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