George Santos Agrees to Pay $35,000 to Settle Kalshi Trades Investigation

Disgraced former Congressman George Santos agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi after he bet against it, amid accusations of insider trading and violating securities laws. The settlement resolves allegations that Santos improperly used his position for personal gain. The terms of the agreement were not disclosed. Santos has previously faced multiple investigations over his financial dealings and other scandals.