Former New York Republican Rep. George Santos on Friday agreed to a multi-thousand-dollar settlement with the government after a federal agency investigated him for suspicious trades on prediction marketplace Kalshi.Santos is paying $35,000 in his settlement with the Commodity Futures Trading Commission, following allegations he engaged in insider trading on whether he would attend President Donald Trump’s State of the Union speech in February. CFTC said Santos agreed to pay a civil fine of $17,500 and to relinquish over $17,569 in profits he gained from unlawful trading. Santos’ lawyer said the settlement with the CFTC should not “be mistaken for admission of any wrongdoing,” after the agency imposed a three-year trading ban on Santos.“Mr. Santos has agreed to resolve the CFTC’s inquiry and to put this matter behind him. Critically, and consistent with how these regulatory matters are commonly resolved, Mr. Santos has settled without admitting any of the Commission’s allegations, findings, or conclusions,” attorney Joseph Murray said in a statement. “He chose a prompt, practical resolution, rather than protracted, costly litigation, and that choice should not be mistaken for admission of any wrongdoing, because it is not one.”