The prediction market platform Kalshi permanently banned former GOP Representative George Santos on August 31, 2026, after he secretly placed bets on whether he would attend the State of the Union address. The platform also issued penalties against three political candidates who bet on their own races.
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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 has issued a lifetime ban to former Rep. George Santos after he secretly placed a bet against his own unannounced plans to attend the State of the Union.
Kalshi permanently bans George Santos over State of the Union bets Reuters
Kalshi has announced a lifetime ban against disgraced former Rep. George Santos, as well as penalties against three political candidates who bet on their own races.