A July 22 letter from Associate Deputy Attorney General Diego Pestana, obtained by Axios, confirmed the Justice Department never investigated Luna over the allegations. "This disgusting attempt to politically smear me fell flat on its face because it was based on lies," Luna wrote on X. Luna wrote on X that the source behind the allegations has been referred for criminal investigation. Pestana added the department "never received a referral based on those same allegations from the Commodity Futures Trading Commission," the outlet reported. According to that source, Luna said she tipped off O'Handley and "teased" him for "not placing a bigger wager," the Journal reported.