Santos Trump Bet Probe

Federal inquiries are examining reported Kalshi bets on Santos' own State of the Union attendance; NPR says he later threatened its reporter.

1. Frame 1Federal investigators test whether George Santos' Kalshi market bets on his own State of the Union attendance broke rules.
2. Frame 2Reports say Santos signaled attendance publicly before allegedly betting against showing up to the February speech.
3. Frame 3Kalshi flagged suspicious activity to the CFTC, and reports say the Justice Department also began inquiries.
4. Frame 4After NPR reported the probes, Santos threatened the reporter who broke the story, NPR said.
5. Frame 5Politico reported Santos said lawyers were talking to DOJ as the prediction-market case widened.
6. Frame 6Next test: whether regulators treat self-referential prediction-market bets as insider-trading evidence.