Prediction Platform Kalshi Bans Former Congressman George Santos for Life

Kalshi permanently bans George Santos over State of the Union bets - Reuters

Kalshi permanently bans George Santos over State of the Union bets  Reuters

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

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

Ex-congressman George Santos banned from betting platform for life

The prediction market operator Kalshi says Santos made barred trades and misleading comments that influenced prices.

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

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

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

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

Kalshi bans ex-congressman George Santos from prediction platform for life

Santos was accused of profiting from bets tied to his attendance at Trump’s State of the Union address George Santos, the former Republican congressman whose political career collapsed under a mountain of lies, has become the first person ever handed a lifetime ban by the prediction-market platform Kalshi. The company announced the permanent suspension on Monday, along with a $71,356 fine, after federal regulators accused Santos of profiting from bets tied to his own attendance at Donald Trum...

By Joseph Gedeon in Washington

Kalshi bans former congressman George Santos for life after State of the Union trades

The prediction market site has banned the former congressman for life following accusations of insider trading. It comes as election integrity experts worry prediction markets could be used in attempts to manipulate the midterm elections.

By Bobby Allyn

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.

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

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

‘I bet on myself. Literally’: Ex-Congressman George Santos banned for life from Kalshi after making $17,839 from insider trading

Following the ban, Santos said "thanks for the lifetime ban from your gambling platform," in a post on X.

By The Associated Press, Larry Neumeister

Kalshi permanently bans George Santos over State of the Union speech bets

Santos, who was expelled from the ​House of Representatives in 2023, was also fined by the US Commodity Futures Trading Commission a month ago for alleged market manipulation over the incident.

Kalshi bans George Santos for betting on State of the Union

By Investing.com