According to Wu Talk, the CFTC has reached a settlement with former U.S. Congressman George Santos over allegations of event contract manipulation. Between February 12 and 25, 2026, Santos traded a contract betting on whether he would attend the 2026 State of the Union address. He made significant false statements or concealed critical information about his attendance plans on social media, driving the contract price in a direction favorable to his position, earning $17,569.98 in profit. Under the settlement order, Santos is required to return all illicit gains and pay a $17,500 civil penalty, totaling approximately $35,100. He is also banned from trading for three years and must cease further violations of the Commodity Exchange Act and related CFTC regulations. https://(wublock123.com)/news/george-santos-manipulated-constitution-contract-crypto-fine-trade-ban-65699