CFTC Investigating Adam Kinzinger Over Kalshi Bets on His Own Pardon: Report
60-second summary
The CFTC opens an investigation into former congressman Adam Kinzinger after reports reveal he placed $823 in Kalshi binary‑options bets on his own presidential pardon, claiming he consulted the platform’s rules and possessed no insider information.
The former congressman says he made $823 on the trades, had no inside information, and had checked the platform's rules first.