Source: The Block
Former Representative George Santos has reached a settlement with the CFTC, agreeing to pay $35,000. The settlement pertains to a bet made on Kalshi related to the State of the Union.
George Santos, a former U.S. Representative, has agreed to a $35,000 settlement with the Commodity Futures Trading Commission (CFTC). This settlement is in connection with a bet he placed on Kalshi regarding the State of the Union address.