Key Takeaways:
Kalshi put Santos’s State of the Union attendance near 75% before his no-show sent the odds tumbling.The DOJ and CFTC opened investigations after Santos allegedly profited in the tens of thousands.His case follows Polymarket probes over a $1.2M Google trade and a $400K bet on Maduro’s capture.He never showed. “Watching SOTU from an airport TV was not part of the plan,” Santos posted as Trump spoke, and the market cratered. What he omitted, per NPR, was that he had already bet against his own attendance, pocketing a profit in the tens of thousands at the expense of the bettors on the other side.
