George Santos agrees to $35,000 settlement in federal probe over Kalshi trades

George Santos agreed to a $35,000 settlement with the Commodity Futures Trading Commission over suspicious Kalshi trades, including $17,000 in earnings and a $17,500 fine, as part of a federal investigation. He did not admit wrongdoing and faces a three-year trading ban, while Kalshi reported him and plans to pursue its own enforcement.