DOJ is investigating former congressman George Santos for insider trading on Kalshi
Former congressman George Santos is under investigation for insider trading related to his activities on the prediction market site Kalshi. Allegations suggest that he misled the public about attending the State of the Union address while profiting from bets he placed on his absence. The Commodity Futures Trading Commission and the Department of Justice have both opened investigations into his trading practices.
- ▪George Santos is being investigated for insider trading on Kalshi.
- ▪He allegedly misled the public about attending the State of the Union address while placing bets on his absence.
- ▪Kalshi froze Santos' account and referred the case to federal regulators.
12 outlets in our directory ran this story, first to last over 23 hours. Coverage spans 3 points on the political spectrum — 5 lean left, 4 centre, 1 right.
- ▪ George Santos dismisses ‘preposterous’ Kalshi insider trading report — Washington Examiner
- ▪ George Santos reported to federal prosecutors on suspicion of insider trading — NBC News — Politics
- ▪ George Santos betting activity on Kalshi flagged to DOJ, source says — NBC News — Top
- ▪ DOJ opens investigation into George Santos for insider trading on Kalshi — Engadget
- ▪ George Santos reported to prosecutors over suspicious Kalshi trades, source says — The Globe and Mail
- ▪ Insider trading investigation launched into former Rep. George Santos: Sources — ABC News — Top
- ▪ George Santos reported to prosecutors over suspicious Kalshi trades — AP News
- ▪ George Santos reportedly investigated by DoJ over suspicious Kalshi bets — World news | The Guardian
- ▪ U.S. Is Said to Be Investigating George Santos Over Kalshi Betting — NYT — US
- ▪ George Santos reported to prosecutors over suspicious Kalshi trades, AP source says — r/news
- ▪ George Santos reported to prosecutors over suspicious Kalshi trades, AP source says - AP News — Google News
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| Original publisher | NPR Topics: News |
| Canonical URL | https://www.npr.org/2026/06/02/nx-s1-5843371/george-santos-kalshi-insider-trading-investigation |
| Publication time | Tue, 02 Jun 2026 16:55:35 -0400 |
| Retrieval time | 2026-06-02T21:13:38.541Z |
| Last seen | 2026-06-02T21:13:38.541Z |
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Opening excerpt (first ~120 words) tap to expand
Exclusive Politics DOJ is investigating former congressman George Santos for insider trading on Kalshi June 2, 20264:55 PM ET Bobby Allyn Former New York congressman George Santos is being investigated by federal regulators over his trading activity on the prediction market site Kalshi. Michael M. Santiago/Getty Images hide caption toggle caption Michael M. Santiago/Getty Images In February, four months after being released from federal prison, former Republican congressman George Santos took to social media to express his enthusiasm about attending President Trump's upcoming State of the Union address. "I'm going to be there for the State of Union in the gallery, guys," Santos said in a video he posted to X a day before the president's remarks.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at NPR Topics: News.
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