Justice Department probes former congressman George Santos over alleged Kalshi insider trading

The U.S. Justice Department has opened an investigation into George Santos. Santos is a former congressman who left office amid scandal. The probe focuses on alleged insider trading involving the platform Kalshi. Prosecutors are looking into whether Santos engaged in insider trading on Kalshi. The investigation adds to Santos's ongoing legal troubles. Kalshi is a trading platform that facilitates prediction markets. No indictment has been reported yet. The investigation will continue as authorities collect evidence.