DOJ launches probe into former Congressman George Santos over alleged Kalshi insider trading

The U.S. Department of Justice has opened a criminal investigation. The focus of the probe is former Representative George Santos. Prosecutors are examining alleged insider trading activity. The alleged trades were conducted on the Kalshi platform. The investigation was reported by The Independent. Santos is no longer serving in Congress. The DOJ is following standard procedures for market violations. Further updates will depend on the inquiry's findings.