Former congressman George Santos has been barred from trading on prediction market platforms for three years as part of a sentence that had condemned him to 87 months in prison for wire fraud and aggravated identity theft in 2025, but which he served only three months before President Donald Trump commuted his sentence. US soldier Gannon Ken Van Dyke faces charges for allegedly making more than $400,000 on Polymarket using nonpublic information tied to a military operation to remove Venezuelan President Nicolás Maduro in January; his lawyers filed a motion to dismiss arguing that the Commodity Exchange Act is ambiguous in classifying event contracts as « swaps. » Trump’s teleprompter operator reportedly made more than $100,000 on Kalshi contracts related to the president’s speeches, and Van Dyke’s trial is expected to begin in late 2026 or early 2027.
Source: Read the original article
