George Santos settles with CFTC over Kalshi bets

Summary

Former Rep. George Santos (R-N.Y.) has agreed to pay $35,000 to settle with the Commodity Futures Trading commission (CFTC) over wagers he placed on the State of the Union earlier this year on Kalshi, the agency announced Friday. Santos placed bets on whether he would attend President Trump’s address in February, while also posting on…