3 Jun

Federal Regulators Investigate George Santos Over Alleged Insider Trading on Prediction Markets

Federal regulators are investigating George Santos for potential market manipulation on the Kalshi prediction platform.The inquiry follows allegations that he placed wagers against his own attendance at a speech by Donald Trump.Investigators from the CFTC and the DOJ are examining whether he utilized internal information to profit from the trade.Santos has denied any wrongdoing regarding the suspicious bets after his previous expulsion from the US Congress.
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