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Prediction Market Platform Kalshi Permanently Bans Ex-Congressman George Santos

Kalshi, a regulated prediction market platform, has issued a lifetime ban and imposed a fine on former Republican congressman George Santos following an investigation into suspicious trading activity. The decision comes after regulatory probes suggested potential insider trading violations.

31 Aug, 15:03 — 31 Aug, 16:34
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Sources

Showing 8 of 9 sources
NYTMostly Factual1h ago

Kalshi Permanently Bars George Santos From the Platform

The prediction market said it had barred George Santos, the former congressman from New York, and fined him $71,356 over evidence he engaged in insider trading.

By Lauren McCarthy

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bloombergHigh1h ago

Ex-Congressman Santos Banned for Life by Kalshi After CFTC Case

Ex-Congressman George Santos won’t be able to place another wager on Kalshi Inc. after the prediction market platform banned him for life for allegedly manipulating wagers on his attendance at this year’s State of the Union address.

By Nicola M White

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FTVery High46m ago

Prediction platform Kalshi bans ex-US Congress member for manipulation

Regulator says George Santos made public statements to boost the value of his own bets on whether he would attend the State of the Union address

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wapoMostly Factual1h ago

Kalshi bans former GOP congressman George Santos for life

Santos received the prediction market platform’s first-ever lifetime ban for failing to comply with its investigation, the company said.

By Violet Jira

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cnbcMostly Factual1h ago

Kalshi permanently bans former GOP Rep. George Santos over illegal trading

Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year's State of the Union address.

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globe-and-mailHigh26m ago

Kalshi bans former U.S. lawmaker George Santos for life after insider trading probe

Ex-Congressman bet against his attendance at a State of the Union address

By Larry Neumeister

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The IndependentMostly Factual1h ago

Kalshi issues George Santos a lifetime ban and $71,356 fine over suspicious trades

Santos was previously ousted from Congress and U.S. President Donald Trump commuted his prison sentence last year

By Brittney Donovan

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YahooMostly Factual1h ago

Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading

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