Santos Settles Bet Against Himself | Irvine News

Former Congressman George Santos has settled a federal probe by paying $35,000 — including $17,500 in fines and covering his $17K profits — after betting against his own attendance at the State of the Union on prediction platform Kalshi. Though he denies wrongdoing and claims a winter storm derailed his trip, regulators banned him from trading for three years. Kalshi plans to reimburse affected traders, while Polymarket severed ties with him. Santos, infamous for fabricating his biography and now facing fraud charges, is also set to appear on “Special Forces: World’s Toughest Test” this fall. 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/9698f4328eb41baf Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews