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George Santos has been fined $35,000 by the CFTC for manipulating political betting markets related to his attendance at the State of the Union address. He has also been banned from the prediction-market platform Kalshi for three years. Santos' lawyer stated that there was no intent to deceive, but Santos has continued to criticize the platform publicly.
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George Santos has been fined $35,000 by the CFTC for manipulating political betting markets related to his attendance at the State of the Union address. He has also been banned from the prediction-market platform Kalshi for three years. Santos' lawyer stated that there was no intent to deceive, but Santos has continued to criticize the platform publicly.
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George Santos Got Busted For Manipulating Political Betting Markets—and Seems to Have Little Remorse
George Santos Fined $35,000 for Manipulating Political Betting Markets