Insider trading concerns involving prediction markets continue to stir as former Congressman George Santos is reportedly under investigation for suspicious trades.
According to an NPR report later confirmed by multiple outlets, the U.S. Department of Justice (DOJ) has been notified of suspicious trading activity by a Kalshi account tied to Santos, leading to an additional investigation into the matter. The DOJ's interest in this case highlights the growing scrutiny on prediction markets and the need for regulatory oversight to prevent such incidents.
