No BS Just Facts logo
No BS Just Facts
It might be boring, but it's just the facts.

← All stories · business

Bloomberg

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

Friday, July 31, 2026


Former Congressman George Santos agreed to pay more than $35,000 to settle allegations regarding a wager on prediction market platform Kalshi about his attendance at the 2026 State of the Union. The settlement concluded an investigation into trading activity on the platform. Santos did not admit wrongdoing as part of the agreement.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-31/george-santos-must-pay-35-000-over-manipulative-kalshi-trade

Next story

Terry Rozier's attorney seeks dismissal citing text from co-defendant that should 'end the case': reports