George Santos

Kalshi CEO Tarek Mansour claims insider trading is easier to detect in prediction markets compared to the stock market due to the direct link between information and trades. He cited former Rep. George Santos's alleged insider trading on Kalshi as an example, noting the platform is implementing stricter measures to combat such activity. Lawmakers, including Minnesota Gov. Tim Walz, have criticized prediction markets and proposed bans or restrictions.

A coalition including Kalshi, Crypto.com, and Polymarket sued Kentucky over its new 14.25% excise tax on prediction markets, arguing it is discriminatory and unconstitutional. The tax, higher than the 9.75% rate on horse track wagers, faces opposition from companies and the state's attorney general, who claims it is necessary to protect legal betting laws.

Kalshi will collect employment information from customers trading in high-risk markets to prevent insider trading, following incidents involving traders like George Santos and a U.S. Army soldier. The company assigns risk scores to markets and bans presumed insiders, having already stopped 100 potential trades and referred cases to law enforcement.

Kalshi will collect customer employment information for trading in markets deemed at heightened risk of insider trading. The move follows incidents involving a former Congressman and a U.S. Army soldier allegedly using nonpublic information. Kalshi assigns risk scores to markets and bans presumptive insiders identified through employment data.

An NPR reporter accused George Santos of threatening him during a phone call, using the phrase 'a gun in your face.' The incident occurred after the reporter published a report on the Department of Justice investigation into Santos.

Former U.S. Rep. George Santos is under investigation for trading on Kalshi, where he bet against attending Trump's State of the Union address while publicly claiming excitement. He called a reporter, denied the investigation, made a violent threat, and later lied about it.

NPR reported on federal investigations into George Santos' bets on the prediction market site Kalshi. He threatened the NPR reporter who broke the story and lied about the incident.

Polymarket has terminated its paid relationship with George Santos, a former congressman, as federal regulators investigate potential illegal trades on a rival prediction market. The investigation focuses on whether Santos bet against his own attendance at President Trump's State of the Union address.

Ukraine claims to have struck an oil depot in Russia's St. Petersburg using drones that traveled over 600 miles. A hotel fire in New Delhi killed at least 21 people, and federal prosecutors are investigating former Rep. George Santos.

Polymarket has ended its paid relationship with George Santos as federal regulators investigate whether he bet against his own attendance at President Donald Trump’s State of the Union address. Santos placed the bets on Kalshi, a rival prediction market, after publicly stating he would attend the event but later attributed his absence to a delayed flight. The Commodities Future Trading Commission is probing the trades for possible insider trading.

Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading.

Polymarket is terminating its paid relationship with George Santos as federal regulators investigate whether he illegally bet against his own attendance at President Donald Trump’s State of the Union. Santos placed the bets on Kalshi after publicly committing to attend the event, and the trades were referred to the Commodities Future Trading Commission for possible insider trading. Santos, who previously pleaded guilty to wire fraud and identity theft, now works as an influencer for Polymarket.

George Santos announced his lawyers are in talks with the Justice Department after being flagged by prediction market Kalshi for placing bets conflicting with his public statements about attending President Donald Trump's State of the Union address. Kalshi reported the bets to the DOJ and Commodity Futures Trading Commission. Santos has faced prior legal issues, including a federal indictment and expulsion from Congress over resume fraud, but was granted clemency by Trump in October.

George Santos was reported to prosecutors over suspicious Kalshi trades. He claimed he would attend President Donald Trump’s State of the Union address but bet against his own attendance, according to a person familiar with the investigation.

George Santos's betting activity on Kalshi was reported to the DOJ, and he appeared in court in Central Islip, N.Y. The source indicates his activity was flagged to federal authorities.

The Department of Justice is investigating former congressman George Santos for alleged insider trading on Kalshi. He is accused of placing bets on himself and taking actions to ensure his victory.

George Santos' bets on Kalshi regarding himself have triggered an insider trading investigation. The investigation focuses on potential violations related to his trading activities.

George Santos was reported to federal prosecutors by prediction market Kalshi after he allegedly bet against his own attendance at President Donald Trump's State of the Union address. Kalshi also alerted the Commodity Futures Trading Commission about suspicious trades linked to Santos.

Federal prosecutors are investigating George Santos for insider trading on Kalshi, specifically for wagering on his attendance at President Trump's State of the Union address after the prediction market flagged the case.

Ex-Rep. George Santos is under federal investigation for alleged insider trading on Kalshi, a prediction market app, after placing bets that he would not attend the State of the Union address, despite initially claiming he would. Kalshi reported the activity to the Commodity Futures Trading Commission and the Department of Justice, leading to ongoing investigations.

George Santos, a pardoned ex-congressman, was referred to the DOJ and CFTC over alleged Kalshi trades related to his State of the Union appearance, which he publicly promoted while allegedly betting against it.

DOJ and CFTC are investigating George Santos following Kalshi's flagging of trades where he allegedly bet against his own attendance at the State of the Union. The probe focuses on transactions tied to his appearance in the event.

U.S. Rep. George Santos was referred to federal prosecutors by prediction market Kalshi over suspicious trades related to his attendance at President Donald Trump's State of the Union address. Kalshi also reported the trades to the Commodity Futures Trading Commission, citing potential insider trading.

A prediction market reported U.S. Rep. George Santos to federal prosecutors after he claimed he would attend President Trump's State of the Union address but simultaneously bet against his own attendance. The report stems from suspicious trades on the prediction market platform Kalshi.

U.S. Rep. George Santos is under investigation after a prediction market, Kalshi, reported him to federal prosecutors for suspicious trades related to his attendance at President Donald Trump's State of the Union address. Santos had publicly stated he would attend the event but later bet against his own attendance, leading to accusations of insider trading. The Department of Justice and Commodity Futures Trading Commission are reviewing the case.

Federal authorities are investigating George Santos for potentially engaging in insider trading by betting on his attendance at Donald Trump's State of the Union address via the prediction market Kalshi. The bet, placed on Kalshi, centers on whether Santos would attend the event in February, according to multiple news outlets.

Federal authorities are investigating George Santos, a former congressman, for potential insider trading after he placed a bet on Kalshi regarding his attendance at a State of the Union address. The bet is under scrutiny as part of the DoJ's inquiry into suspicious activity on the prediction market platform.

The U.S. is investigating former Representative George Santos over Kalshi betting, marking the third insider trading case to emerge in recent weeks.

Federal regulators are investigating former Congressman George Santos for possible insider trading on the prediction market Kalshi.

George Santos is under investigation for alleged insider trading on Kalshi. He participated in a CNN interview following his release.

A prediction market reported U.S. Rep. George Santos to federal prosecutors after he claimed he would attend President Donald Trump’s State of the Union address but bet against his own attendance. The suspicious trades led to the referral to prosecutors.

Kalshi, a prediction market, reported former congressman George Santos to federal prosecutors over suspicious trades linked to his attendance at President Donald Trump's State of the Union address. Santos had bet against attending after stating he would go, and the trades were also reported to the Commodity Futures Trading Commission. Santos, who was granted clemency by Trump in a fraud case and later released from a seven-year prison sentence, did not respond to inquiries.

Prediction market Kalshi reported U.S. Rep. George Santos to federal prosecutors after he bet against attending President Donald Trump's State of the Union address, despite previously stating he would attend. The trades were also reported to the Commodity Futures Trading Commission.

A prediction market reported former Rep. George Santos to prosecutors over a suspicious Kalshi trade, according to an AP source. The source indicates the trade was deemed suspicious.

Former Rep. George Santos is under investigation for alleged insider trading on Kalshi. He participated in his first interview since his release with CNN.

The Department of Justice is investigating George Santos for alleged insider trading related to bets placed on Kalshi regarding his attendance at a Trump address to Congress. Santos reportedly bet that he would not attend the event.

The DOJ is investigating former congressman George Santos for insider trading on Kalshi. He allegedly bet on whether he would appear at the State of the Union address, prompting federal investigations.

GOP Rep. Andy Ogles said during Pride month that 'Homosexuality has no place in America,' prompting immediate pushback from GOP Rep. Mike Lawler and former Rep. George Santos. Santos, who is openly gay, responded to Ogles' comment.

Trump has established an $1.8 billion settlement fund that is attracting applications from various controversial figures including January 6 Capitol rioters, former congressman George Santos, Mark McCloskey, and Rod Blagojevich. The fund appears to be drawing interest from a wide range of individuals seeking financial settlements.

Three House members resigned amid ethics scandals, including allegations of sexual harassment, assault, and fraud. The House Ethics Committee's recommendation of expulsion for Rep. Sheila Cherfilus-McCormick, who faces criminal charges, marks a shift in ethics enforcement, following the expulsion of Rep. George Santos before his criminal trial.