DOJ INVESTIGATING SANTOS FOR KALSHI INSIDER TRADING

DOJ probing ex-Rep. Santos for alleged insider trading on Kalshi prediction market—feds examining whether he moved markets with nonpublic info before placing bets. Kalshi's legitimacy as a regulated platform takes heat; degens watching regulatory precedent for whether prediction market insiders face same charges as stock traders.

Prediction market manipulation investigation with named subject; regulatory news affecting market trust.