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Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading - Bookmark The online prediction platform Polymarket is ending its paid relationship with George Santos as federal regulators investigate whether the former congressman illegally bet against his own attendance at President Donald Trump’s State of the Union. Santos placed...

The Independent World 6d ago

DOJ opens investigation into George Santos for insider trading on Kalshi

DOJ opens investigation into George Santos for insider trading on Kalshi The recently-incarcerated former congressman allegedly placed bets on himself, then acted to ensure he won. The Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) have opened investigations into former congressman George Santos regarding alleged insider trading, according to NPR.

Engadget 7d ago

Justice Department investigates disgraced former congressman George Santos for alleged Kalshi insider trading: report

Justice Department investigates disgraced former congressman George Santos for alleged Kalshi insider trading: report Santos’ new alleged scheme reportedly centered around whether he would attend President Donald Trump’s State of the Union address - Bookmark - CommentsGo to comments The Department of Justice has opened an investigation into the disgraced former congressman George Santos for alleged insider trading on the prediction market Kalshi, according to a new report. Fresh out of...

The Independent World 7d ago

U.S. Is Said to Be Investigating George Santos Over Kalshi Betting

The inquiry into former Representative George Santos is the third insider trading case to come to light in recent weeks.

New York Times 7d ago

George Santos betting activity on Kalshi flagged to DOJ, source says

Betting activity by disgraced former Rep. George Santos on the prediction market Kalshi has been flagged to federal authorities, according to a source familiar with the investigation. Kalshi alerted the Justice Department and the United States Commodity Futures Trading Commission about bets Santos placed regarding his attendance at President Trump’s State of the Union address in February, according to the source, who was not authorized to discuss the matter publicly. Santos, 37, told his...

NBC News 7d ago

George Santos reportedly investigated by DoJ over suspicious Kalshi bets

Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speechFederal authorities are investigating whether George Santos, the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets reported on Tuesday. Santos allegedly placed a bet on Kalshi, a popular online prediction market, over whether he would be in...

The Guardian Business 7d ago

George Santos reportedly investigated by DoJ over suspicious Kalshi bets

Disgraced former congressman said to have put bet on whether he would be at Trump’s State of the Union speechFederal authorities are investigating whether George Santos, the disgraced former Republican congressman from New York, engaged in insider trading by betting on a prediction market on his own attendance to the State of the Union address, multiple news outlets reported on Tuesday. Santos allegedly placed a bet on Kalshi, a popular online prediction market, over whether he would be in...

The Guardian World 7d ago

I wrote about George Santos. Then he made a violent threat and lied about it

NPR reported on new federal investigations examining the former Congressman's bets on the prediction market site Kalshi. Then he threatened the NPR reporter who broke the story.(Image credit: Julia Demaree Nikhinson/AP)

NPR Technology 5d ago

DOJ is investigating former congressman George Santos for insider trading on Kalshi

The disgraced former congressman allegedly bet on whether he would appear at the State of the Union address, prompting federal investigations.(Image credit: Michael M. Santiago)

NPR News 7d ago