PANews, September 30 – According to Decrypt, the US Commodity Futures Trading Commission (CFTC) is investigating whether former Congressman Adam Kinzinger engaged in improper trading on the prediction market Kalshi using contracts related to his personal presidential pardon. Reports say an account linked to Kinzinger traded two types of contracts between December 2024 and January 2025: one on whether he himself would receive a presidential pardon, and another on whether President Joe Biden would issue preemptive pardons before leaving office. Kinzinger provided screenshots showing he made a total profit of $823, with most of roughly 25 trades losing money, denied possessing insider information, and said he had read Kalshi's rules in advance, understanding them to prohibit only those who could influence the outcome or held non-public information from trading. Kalshi's rules explicitly prohibit "direct participants" from betting, and the company has launched an internal review of the account's trading. Previously, Kalshi had frozen accounts and imposed bans on candidates and former Congressman George Santos for betting on their own conduct.