Macro Finance
CFTC Probes Ex-Lawmaker Kinzinger’s Kalshi Bets on Biden Pardons
Bloomberg Markets·October 1, 2026·1 min read
The US Commodity Futures Trading Commission is investigating prediction market bets by former congressman Adam Kinzinger, who allegedly wagered on whether he would receive a presidential pardon, according to a person familiar with the matter. The probe targets Kalshi, the platform hosting the bets, raising questions about political event contracts and insider trading rules.
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