The CFTC has ordered George Santos to pay $35,000 after the agency found the former Republican congressman traded on Kalshi event contracts in February.

The CFTC fined George Santos $35,000 for manipulative trading on Kalshi prediction market, setting a precedent for crypto prediction market

Former expelled U.S. Rep. George Santos settled with CFTC over trades made on Kalshi about the State of the Union.

Santos has agreed to a $35,000 settlement with federal investigators