Federal investigators are examining trading activity linked to former representative George Santos on the Kalshi prediction platform. The review follows platform detection of specific account operations that triggered an immediate freeze.
Platform Actions and Federal Referral
Kalshi officials identified the trading patterns and suspended the associated account. The platform subsequently forwarded its internal findings to federal authorities for further examination. According to individuals familiar with the matter, the referral process is currently underway.The scrutiny centers on transaction records within the Kalshi system. Federal agencies are evaluating the data to determine compliance with relevant trading regulations.