Santos Bets Against Himself and Pays | Savannah News

Former Congressman George Santos is settling a federal probe over his betting antics on Kalshi, where he wagered against his own attendance at Trump’s State of the Union — and cashed in when he didn’t show. He’ll pay $35K, including $17K in profits and a $17.5K fine, plus a 3-year trading ban. Kalshi is also investigating itself and may reimburse other traders. The scandal went viral after odds showed him with only a 25% chance of showing up — Santos shrugged it off, calling it market volatility. Polymarket cut ties with him back in June; his lawyer claims he booked travel but was blocked by a winter storm — no intent to deceive. Santos, infamous for fabricating his resume and now facing fraud charges, is set to star in a reality TV show this fall — and he’s still riding Trump’s clemency wave. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4e41557acc441433