The probe was first detailed in a report by Politico writer Aiden Reiter. The regulator is specifically examining transactions tied to the timing and outcome of the pardon granted to Kinzinger during the Biden administration.
Wednesday, October 21, 2026
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US Politics21 days ago
Former Representative Adam Kinzinger is the target of a federal inquiry regarding his use of a prediction market to bet on a presidential pardon. The Commodity Futures Trading Commission is investigating trades the former House Republican made on the Kalshi platform involving the pardon he received from President Biden.

The probe was first detailed in a report by Politico writer Aiden Reiter. The regulator is specifically examining transactions tied to the timing and outcome of the pardon granted to Kinzinger during the Biden administration.
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