Former U.S. Representative George Santos has agreed to pay $35,000 to settle a case with the Commodity Futures Trading Commission (CFTC) related to wagers he placed on Kalshi, according to CFTC and reporting from U.S. outlets. The settlement stems from bets Santos placed earlier this year about whether he would attend President Donald Trump’s State of the Union address in February. In connection with the same Kalshi-related activity, Santos placed additional wagers tied to attendance, the CFTC announcement states. The CFTC describes the matter as involving conduct connected to trading on the platform and reaches a resolution through a civil settlement rather than a criminal case. Under the agreement, Santos pays the $35,000 figure as part of the CFTC settlement. The CFTC action focuses on the regulatory issue surrounding the Kalshi bets, while Santos is no longer a member of Congress and is described as a former lawmaker. The settlement is presented as an official resolution of the CFTC’s claims regarding the Kalshi wagers.