George Santos Fined $35,000 for Manipulative Kalshi Trade

Former U.S. Congressman George Santos, already convicted of fraud, has settled a case regarding manipulative betting, agreeing to pay a $35,000 fine for a Kalshi trade.

31 Jul, 20:03 — 31 Jul, 20:03

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bloombergHigh1d ago

George Santos Must Pay $35,000 Over ‘Manipulative’ Kalshi Trade

Former Congressman George Santos agreed to pay more than $35,000 to settle allegations he manipulated a wager on prediction market platform Kalshi about whether he’d attend the 2026 State of the Union.

By Nicola M White

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First report: bloomberg · 31 Jul, 20:03|Full coverage: 2 · 9h|Window: 9h

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bloomberg31 Jul, 20:03First to report

George Santos Must Pay $35,000 Over ‘Manipulative’ Kalshi Trade

9h later

berlingske1 Aug, 04:51Latest update

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George Santos Fined $35,000 for Manipulative Kalshi Trade

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George Santos Must Pay $35,000 Over ‘Manipulative’ Kalshi Trade

Coverage Timeline

George Santos Must Pay $35,000 Over ‘Manipulative’ Kalshi Trade

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