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George Santos Got Busted For Manipulating Political Betting Markets—and Seems to Have Little Remorse

20 0
01.08.2026

The Commodity Futures Trading Commission (CFTC) announced Friday that former congressman and current legend George Santos has been fined $35,000 for attempting to place bets on his own attendance of the State of the Union in February. He’s also been banned from the prediction-market platform Kalshi for 3 years.

According to the CFTC:

While buying and selling positions in this market, Santos posted on social media about his plans to attend or not attend the SOTU. In his social media posts, Santos made a series of material misrepresentations and omissions........

© Mother Jones