George Santos, the former Republican congressman expelled from the House in 2023, has settled an investigation into unlawful trading related to wagers he placed on prediction market Kalshi, paying $35,000 to resolve the probe.
CME Group and Intercontinental Exchange (NYSE parent) are urging U.S. regulators to increase oversight of decentralized exchange Hyperliquid, citing concerns over market manipulation and sanctions exposure. The move represents traditional exchanges seeking regulatory action against DeFi competitors.
Federal prosecutors arrested Master Sergeant Gannon Ken Van Dyke for allegedly using confidential military intelligence to place over $400,000 in bets on Polymarket regarding Venezuela operations, including the capture of Nicolás Maduro. The soldier allegedly participated in the raid himself and attempted to conceal his betting activity.
