White Collar Defense & Government Investigations AlertKey Takeaways
On July 31, 2026, the Commodity Futures Trading Commission (CFTC) settled its first-ever enforcement action alleging market manipulation in a prediction market, finding that former Congressman George Santos traded an event contract based on his own attendance at the 2026 State of the Union address while making misleading public statements and omissions designed to move the contract’s price in favor of his trading positions....
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