DOJ Investigates George Santos for Alleged Kalshi Bets on His Own State of the Union Attendance
Federal prosecutors are examining whether the former New York congressman traded on inside knowledge of his own plans for the February 24 address.
nypost.comThe Department of Justice opened an investigation into George Santos after he allegedly placed bets on the prediction market Kalshi on whether he would attend President Trump’s State of the Union address on February 24. , one-time New York lawmaker and New Jersey prison inmate, placed the wager that he would not appear, according to sources familiar with the trades. ” He did not attend.
During the speech he wrote on X, “Watching SOTU from an airport tv was not part of the plan! ” Market odds on his appearance fell sharply after the post. Kalshi flagged the activity, froze Santos’ account and referred the matter to the Commodity Futures Trading Commission and the Department of Justice, a source told the New York Post.
The New York Post contacted both Santos and the Department of Justice; neither provided additional statements.
Transparency
Story details
Related Stories
Fox NewsJustice Department Abandons $1.8 Billion Anti-Weaponization Fund
Acting Attorney General Todd Blanche told Congress the department will not proceed with the fund. A separate agreement shielding President Donald Trump and his businesses from past IRS claims remains in place.
Justice Department drops its planned $1.8 billion 'anti-weaponization' fund
The Justice Department will not create a planned $1.8 billion fund intended to compensate people who say they were improperly targeted by federal law enforcement. Acting Attorney General Todd Blanche told lawmakers the department is abandoning the program entirely.
Al JazeeraVoters in Six States Hold Primaries to Set November Field
Primary elections are underway in California, Iowa, Montana, New Jersey, New Mexico and South Dakota. The contests will determine nominees for House, Senate and governor races ahead of the fall midterms.