Prediction Market Kalshi Permanently Bans Former Congressman George Santos
The prediction market platform Kalshi has issued a lifetime ban and a $71,356 fine to former Republican Congressman George Santos following an investigation into suspicious trading activity. Regulators and the company concluded that Santos likely engaged in insider trading ahead of major market-moving events.
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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
Read full article →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
Read full article →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
Read full article →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.
Read full article →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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