Polymarket Cuts Ties with George Santos Amid Regulator Probe Into Illicit Trades
Online prediction platform Polymarket has cut ties with former Rep. George Santos amid a federal investigation into whether he engaged in insider trading by betting against his own stock holdings. Regulators are probing trades made during his time on Capitol Hill.
Polymarket has cut ties with former US Representative George Santos amid a federal probe into potential trading irregularities by the platform. The online prediction platform has ended its paid relationship with Santos as regulators investigate whether he illegally bet against his own company's trades. This move comes after Santos faced intense scrutiny over his financial dealings and connections to Polymarket. Regulators are still investigating the matter, but Santos' association with Polymarket appears to be no longer tenable.
