United States — United States Department of Justice & Kalshi

United States — United States Department of Justice: The United States — United States Department of Justice has opened an investigation into George Santos's alleged insider trading on Kalshi, following a referral from Kalshi itself. This demonstrates the department's role in enforcing financial regulations.

Kalshi: Kalshi, an online prediction marketplace, detected suspicious trades by George Santos, froze his account, and reported the activity to federal authorities, leading to an investigation. This event highlights the scrutiny prediction markets face regarding insider trading.

United States — United States Department of Justice: The United States — United States Department of Justice>>> joined the United States — United States Commodity Futures Trading Commission>>> in suing United States — Minnesota>>> over its prediction market ban, asserting federal jurisdiction.

Kalshi: Kalshi>>> is a prediction market platform directly targeted by United States — Minnesota>>>'s ban, which would criminalize its operations within the state. The company's business model is significantly impacted by the outcome of the federal lawsuit.