Legal tracker / George Santos State of the Union contract manipulation
Case · as of Oct 15, 2026
George Santos State of the Union contract manipulation
Mixed Settled — CFTC order
The former congressman settled CFTC charges that he manipulated a 'Who will attend the State of the Union?' event contract by posting misleading statements about his own attendance while trading, paying $17,569.98 in disgorgement and a $17,500 penalty and accepting a three-year trading ban. The CFTC release does not name the platform; Kalshi later announced a lifetime ban.
Case record last checked against its sources on Jul 31, 2026.
| Case | In the Matter of George Santos (CFTC administrative proceeding) |
| Court | Commodity Futures Trading Commission (administrative order) |
| Filed | Jul 31, 2026 |
| Type | Enforcement |
| Other side | CFTC v. George Santos |
| Last action | Jul 31, 2026: CFTC settlement order announced. |
History
Newest first.
| Date | What happened |
|---|---|
| Jul 31, 2026 | Settlement order announced. |
Sources
George Santos State of the Union contract manipulation: questions
What is the status of George Santos State of the Union contract manipulation?
Settled — CFTC order. The former congressman settled CFTC charges that he manipulated a 'Who will attend the State of the Union?' event contract by posting misleading statements about his own attendance while trading, paying $17,569.98 in disgorgement and a $17,500 penalty and accepting a three-year trading ban. The CFTC release does not name the platform; Kalshi later announced a lifetime ban.
What happened most recently in George Santos State of the Union contract manipulation?
Jul 31, 2026: CFTC settlement order announced.
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