In a move that brings an end to a year-long investigation, disgraced former Congressman George Santos has agreed to pay over $35,000 to settle allegations of insider trading involving Kalshi, a popular online trading platform. The settlement, reached as part of a federal probe, marks a significant development in the ongoing saga surrounding Santos' financial dealings. As a member of Congress, Santos was accused of using non-public information to trade on Kalshi, a platform that allows users to bet on the outcome of real-world events. The settlement is the latest blow to Santos' already tarnished reputation, which has been marred by numerous scandals and controversies during his time in office.
Disgraced former Congressman George Santos agrees to settlement of more than $35,000 in federal probe over Kalshi trades ABC7 New York
