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

George Santos agreed to a $35,000 settlement with the federal Commodity Futures Trading Commission over suspicious Kalshi trades related to his attendance at President Donald Trump’s State of the Union address. The settlement includes a $17,500 fine, a three-year trading ban, and repayment of $17,000 in profits from the trades. Santos denied wrongdoing and stated he did not intend to deceive.