Kalshi alerts regulators to suspicious trading by George Santos over State of the Union contract
Kalshi has alerted federal regulators to suspicious trading activities by George Santos regarding his attendance at the State of the Union address. Santos allegedly placed bets against his own attendance, contradicting his public statements. The platform froze his account and reported the findings to the Department of Justice and the Commodity Futures Trading Commission.
- ▪George Santos is under investigation for allegedly betting against himself on a prediction market.
- ▪Kalshi froze Santos's account after detecting trades that contradicted his public statements.
- ▪Santos had publicly declared he would attend the State of the Union while simultaneously wagering money that he wouldn't.
Opening excerpt (first ~120 words) tap to expand
Kalshi alerts regulators to suspicious trading by George Santos over State of the Union contract The prediction market platform froze Santos's account after his trades contradicted his own public statements about attending Trump's address. Share Add us on Google by Editorial Team Jun. 3, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); George Santos, the former congressman whose relationship with the truth has always been, shall we…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.