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Santos Settles Bet Against Himself | Irvine News
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Former Congressman George Santos has settled a federal probe by paying $35,000 — including $17,500 in fines and covering his $17K profits — after betting against his own attendance at the State of the Union on prediction platform Kalshi. Though he denies wrongdoing and claims a winter storm derailed his trip, regulators banned him from trading for three years. Kalshi plans to reimburse affected traders, while Polymarket severed ties with him. Santos, infamous for fabricating his biography and now facing fraud charges, is also set to appear on “Special Forces: World’s Toughest Test” this fall.
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