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George Santos Settles CFTC Case Over Trading His Own Kalshi Market

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FOMOGRAM Editorial Desk
Aug 4, 2026
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George Santos Settles CFTC Case Over Trading His Own Kalshi Market
EXECUTIVE SUMMARY

Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of the Union attendance. A final order reveals he profited first from Yes contracts, then switched to No while continuing to tell the public he planned […]

Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of the Union attendance. A final order reveals he profited first from Yes contracts, then switched to No while continuing to tell the public he planned […]

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