Polymarket cuts ties with George Santos as regulators probe trades on rival prediction market

Polymarket is ending its paid relationship with George Santos as federal regulators investigate him for possible insider trading over whether he’d be at the SOTU.

NEW YORK(AP) — The online prediction platform Polymarket is ending its paid relationship with George Santos as federal regulators investigate whether the former congressman illegally bet against his own attendance at President Donald Trump’s State of the Union.

Santos placed the bets on another prediction marketplace, Kalshi, after publicly announcing his intention to be at the Feb. 24 speech, according to a person familiar with the investigation. He later blamed a delayed flight for missing the event.

The suspicious

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