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Story summary
- Former U.S. Representative George Santos mocked Kalshi’s lifetime ban on X, calling it “frivolous nonsense.”
- In July, Santos agreed to pay $35,000 to settle CFTC claims.
- The CFTC said Santos omitted or misrepresented social-media data to influence State of the Union-related prices.
- Santos pleaded guilty to identity theft and wire fraud in 2024, received an 87-month sentence, commuted by President Donald Trump.
