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Source:
The Boston Globe
The Boston Globe
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Federal authorities are investigating former Rep. George Santos for potential insider trading related to a prediction market about his attendance at President Trump’s State of the Union address. Santos announced he would attend but missed the event, and records show he bet against his own attendance on the platform Kalshi, which has ties to Trump’s business empire. The investigation is ongoing, highlighting concerns about regulation and enforcement in prediction markets under the current administration.
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