CFTC Orders George Santos to Pay $35,000 Over Manipulative Event Contract Trading
WASHINGTON, July 31, 2026 — The Commodity Futures Trading Commission has ordered former U.S. Congressman George Anthony Devolder Santos to disgorge $17,569.98 in profits and pay a $17,500 civil monetary penalty after the agency found that he engaged in manipulative conduct in connection with trading a Kalshi event contract tied to his attendance at the 2026 State of the Union.