George Santos

Former U.S. Representative George Santos is reportedly under investigation by the Department of Justice for alleged insider trading. The investigation centers on bets placed on Kalshi, an online prediction market, concerning his own attendance at the State of the Union address. Santos, a disgraced Republican congressman from New York, is accused of using non-public information to make these wagers. This development follows previous legal troubles for Santos, who was sentenced to over seven years in prison in April 2025 for fraud and identity theft. The current investigation into his trading activities on Kalshi highlights ongoing scrutiny of his financial dealings and ethical conduct during his time in public office. His case continues to be a significant point of discussion regarding accountability and transparency in government.