Kalshi Bans Former U.S. Rep. George Santos for Its First Ever Lifetime Ban
6 Articles
6 Articles
George Santos Just Became The First Person To Get A Lifetime Ban From Kalshi—And He's Getting Roasted Hard
Disgraced former New York Republican Representative George Santos was widely mocked after the prediction market betting app Kalshi handed him their first ever lifetime ban after he bet on his own attendance at President Donald Trump's State of the Union address.Santos, whose political career was derailed by allegations of fabricating his background, misusing campaign funds for luxury items and Botox, and leaving a trail of victims behind him as …
George Santos Banned for Life by Kalshi for Insider Trading
Prediction market platform Kalshi issued its first-ever lifetime ban against former Rep. George Santos after concluding he manipulated contract prices tied to his own attendance at the 2026 State of the Union address, and three other Republican candidates caught wagering on their own races face suspensions and fines. Santos made nearly $18,000 in profit by […] The post Kalshi permanently bans George Santos after prediction market insider trading…
Kalshi bans former U.S. Rep. George Santos for its first ever lifetime ban
(NBC, KYMA) - Former U.S. Rep. George Santos (R-N.Y.) has become the answer to a Jeopardy! clue after being the first person ever given a lifetime ban from the prediction marketplace platform Kalshi. The platform's compliance department found former Rep. Santos bet against his own publicly stated plan to attend President Donald Trump's State of the Union address earlier this year. Along with the ban, Kalshi fined Santos $71,356 after he made $17…
From Kalshi’s George Santos Bans to Job Hopping: How Risk is Changing Markets
Risk has become an increasingly expensive currency. In politics, finance, online prediction markets and the workplace, people are becoming more conscious of what they are willing to put on the line—and what they expect in return. George Santos becoming the first person to be permanently banned from Kalshi, and workers demanding more money than ever […]
Kalshi suspends George Santos over prediction trades
George Santos has been permanently suspended from Kalshi and ordered to pay $71,356 after the prediction market exchange concluded that he manipulated contracts tied to his own attendance at the State of the Union address. Today we are posting five new enforcement cases. The majority involve prohibited trading activity that violates our CFTC-approved exchange rules. All but one individual (George Santos) cooperated with our Compliance Departmen…
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