Two Department of Justice sources told The Daily Wire that the agency is not investigating former Rep. George Santos over allegations that he profited by betting against his own attendance at President Donald Trump’s State of the Union address.
Kalshi appears to be investigating Santos, but reports that federal prosecutors have launched a criminal investigation following the company&#8217;s referral are false, sources told The Daily Wire.
<a href="https://www.npr.org/2026/06/02/nx-s1-5843371/george-santos-kalshi-insider-trading-investigation">NPR first reported</a> that Kalshi referred Santos to federal authorities after the former congressman allegedly profited by wagering that he would not attend the February speech.
The controversy stems from a <a href="https://x.com/georgesantos/status/2026058999309701294?s=46">February 23 video</a> in which the former congressman told followers, “I’m going to be there for the State of the Union in the gallery, guys,” one day before Trump’s primetime address.
<blockquote class="twitter-tweet">
State of the union update! <a href="https://t.co/y9nrYpCyU4">pic.twitter.com/y9nrYpCyU4</a>
— George Santos (@Georgesantos) <a href="https://x.com/Georgesantos/status/2026058999309701294?ref_src=twsrc%5Etfw">February 23, 2026</a></blockquote>
Kalshi prediction traders were spending millions of dollars worth of bets on who would attend, according to NPR. Santos’ video increased the odds of his attendance, until he didn’t show up. 
&#8220;Watching SOTU from an airport tv was not part of the plan! FML,&#8221; Santos posted on the night of the speech. 
<blockquote class="twitter-tweet">
Watching SOTU from an airport tv was not part of the plan! FML 😡🤬
— George Santos (@Georgesantos) <a href="https://x.com/Georgesantos/status/2026433381911638407?ref_src=twsrc%5Etfw">February 24, 2026</a></blockquote>
NPR reported that Santos bet against his own attendance at the State of the Union, despite publicly indicating he planned to be there, drawing scrutiny from the prediction market.
Kalshi reportedly blocked his account and referred the case to the Commodity Futures Trading Commission and the DOJ, the outlet reported. 
On social media, Santos pleaded with reporters to stop reaching him for comment, calling the accusations “preposterous.” 
“To the 100’s of reporters calling me through the night. Stop! My legal team and I were made aware by a report from NPR yesterday that the DOJ might be looking into me. So now my legal team is in contact with the DOJ to see what is going on,” Santos said. 
“I will comment further when appropriate and clarify everything accordingly while being mindful and respectful of any process that might be underway,” he added. “The bases of the accusation is preposterous and I look forward to supplying any information asked of me to any agency that inquires, till then media please do not inquire.”
<blockquote class="twitter-tweet">
To the 100’s of reporters calling me through the night.
Stop!
My legal team and I were made aware by a report from NPR yesterday that the DOJ might be looking into me. So now my legal team is in contact with the DOJ to see what is going on.
I will comment further when…
— George Santos (@Georgesantos) <a href="https://x.com/Georgesantos/status/2062191136421159024?ref_src=twsrc%5Etfw">June 3, 2026</a></blockquote>
The latest scandal surrounding Santos comes months after President Donald Trump last October handed Santos a second chance at life and commuted his 87-month federal prison sentence. 
A GOP-led House Ethics Committee report accused Santos of stealing campaign donors’ money to spend on Botox, OnlyFans, and other items, <a href="https://www.dailywire.com/news/trump-commutes-sentence-of-former-gop-rep-george-santos">The Daily Wire previously reported.</a>
The New York Republican pleaded guilty to aggravated identity theft and wire fraud charges related to his 2022 campaign and became the 6th member in U.S. history to be expelled from the House. 
“George has been in solitary confinement for long stretches of time and, by all accounts, has been horribly mistreated. Therefore, I just signed a Commutation, releasing George Santos from prison, IMMEDIATELY. Good luck George, have a great life!” <a href="https://truthsocial.com/@realDonaldTrump/posts/115391767709119144">Trump announced on Truth Social.</a>

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DOJ Denies Report It’s Investigating George Santos