CFTC is investigating Kinzinger’s Kalshi trades related to Biden pardons
The CFTC is investigating former Representative Adam Kinzinger regarding prediction market trades linked to his account concerning presidential pardons issued by Joe Biden.
The Commodity Futures Trading Commission (CFTC) launched an investigation into former Rep. Adam Kinzinger (R-Ill.) over Kalshi trades related to pardons issued by former President Biden. The prediction market account — which was allegedly linked to the former lawmaker — made transactions between December 2024 and January 2025 concerning whether Kinzinger would receive a pardon,...
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