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Story summary
- CFTC is investigating former Rep. Adam Kinzinger for alleged insider trading on prediction-market platform Kalshi.
- Kinzinger placed Kalshi contracts betting on his own presidential pardon and on Biden issuing preemptive pardons.
- He reported netting $823 profit from the two pardon-related contracts.
- Kalshi flagged the trades as suspicious, attempted contact, and received no response from Kinzinger.
