CFTC fines George Santos over Kalshi market manipulation

AI Summary Former Rep. George Santos agreed Friday to resolve Commodity Futures Trading Commission charges that he manipulated a Kalshi contract on whether he would attend February’s State of the Union address. This order compels him to disgorge profits in the amount of $17,569.98, a civil monetary penalty of $17,500, cease and desist orders, and trading prohibition... fulltext: 366 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/cftc-fines-george-santos-over-kalshi-market-manipulation/ Source: CryptoPolitan