George Santos reported to prosecutors over suspicious Kalshi trades, source says
George Santos has been referred to federal prosecutors by the prediction market Kalshi due to suspicious trades he made regarding his attendance at President Trump's State of the Union address. Santos reportedly bet against his own attendance after publicly stating he would go. The investigation has raised concerns about insider trading in prediction markets, prompting regulatory scrutiny.
- ▪Kalshi reported George Santos to the Department of Justice after detecting suspicious trades.
- ▪Santos had publicly stated his intention to attend the State of the Union before betting against it.
- ▪The Commodity Futures Trading Commission is also involved in the investigation.
12 outlets in our directory ran this story, first to last over 23 hours. Coverage spans 3 points on the political spectrum — 6 lean left, 3 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
- ▪ 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
- ▪ DOJ is investigating former congressman George Santos for insider trading on Kalshi — NPR Topics: News
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| Publication time | Wed, 03 Jun 2026 12:32:29 +0000 |
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Opening excerpt (first ~120 words) tap to expand
Open this photo in gallery:Predictions market Kalshi referred George Santos, pictured in 2023, to the Department of Justice after detecting suspicious trades.Mariam Zuhaib/The Associated PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountA prediction market reported George Santos to federal prosecutors after he boasted he’d be going to President Donald Trump’s State of the Union address, then bet against his own attendance, according to a person familiar with the investigation.Kalshi, the online prediction marketplace, referred Santos to the Department of Justice after detecting suspicious trades made by the former congressman ahead of Trump’s Feb. 24 speech, the person said.
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