Justice Department Probes Former Representative George Santos for Insider Trading on Prediction Site

The DOJ and the CFTC are investigating George Santos for suspected insider trading on the Kalshi prediction market platform.Authorities launched the probe after the platform identified irregular wagers placed by the former lawmaker against his own attendance at a speech by Donald Trump.This incident has reignited concerns from lawmakers regarding the need for stricter regulation of prediction markets to prevent financial exploitation.
Published:15h
Timeline
5h15h
Tags
Read more
Discuss