The Commodity Futures Trading Commission (CFTC) is reportedly investigating former Republican Representative Adam Kinzinger for placing bets on prediction market platform Kalshi regarding his own presidential pardon from Joe Biden. Kinzinger made $823 on these trades in December 2024 and January 2025. He denies wrongdoing, stating he was out of office at the time, had no inside information, and had checked Kalshi's rules beforehand. Kalshi prohibits users from betting on contracts in which they are direct participants, and the CFTC bans the use of material nonpublic information on regulated markets. The investigation comes as the CFTC increases its scrutiny of the prediction market sector.