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George Santos Fined Over Bets on State of the Union on Kalshi Prediction Market

A federal regulator fined the former lawmaker $35,000 over allegations of insider trading by placing bets on Kalshi about whether he would attend the State of the Union address in February.

© Adam Gray for The New York Times

Former Representative George Santos was fined over allegations he engaged in insider trading by betting on his attendance at the State of the Union address in February.
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