On August 31, 2026, the prediction market platform Kalshi permanently banned former U.S. Representative George Santos after concluding he likely engaged in insider trading on State of the Union attendance bets. Santos failed to cooperate with the company's investigation and was fined.
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George Santos faces a lifetime ban from Kalshi after failing to cooperate with the prediction market's investigation into his alleged unlawful trades.
Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading AP News
The online prediction market platform Kalshi has permanently banned former U.S. Rep. George Santos after concluding the former Republican congressman likely engaged in insider trading when he bet against his attendance at the State of the Union address.
The prediction marketplace platform Kalshi has hit former U.S. Congressman George Santos with its first-ever permanent ban.
The prediction market Kalshi is permanently banning former Rep. George Santos (R-N.Y.) from using its platform for failing to cooperate in an investigation over wagers he placed on this year's State of the Union. Kalshi, in filings published Monday, said Santos will face both a lifetime ban and an additional $71,356 financial penalty. "Hey @Kalshi...
Kalshi permanently barred former U.S. Rep. George Santos from its prediction-market platform and imposed a $71,356 penalty after its compliance department said it had reasonable cause to believe he engaged in insider trading and market manipulation tied to President Trump's 2026 State of the Union address [ft.com#1][cnbc.com#1][cbsnews.com#1][npr.org#1][washingtonpost.com#1][wired.com#1][nytimes.c
this outlet adds: profit, found, involving, attendance, profited, activity, representatives, sanction
The company announced the ban after saying its compliance department had established reasonable cause to believe Santos engaged in insider trading over his attendance at the State of the Union, when he turned a $17,839 profit on his trading activity.
Kalshi permanently banned former U.S. Rep. George Santos from its prediction-market platform and imposed a $71,356 penalty after its compliance department said it found reasonable cause to believe he engaged in insider trading and market manipulation tied to his attendance at President Trump's 2026 State of the Union address [wired.com#1][fastcompany.com#1][npr.org#1][techcrunch.com#1][pbs.org#1][
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 f
{beacon} Technology Technology The Big Story Kalshi bans George Santos for life The prediction market Kalshi is permanently banning former Rep. George Santos (R-N.Y.) from its platform for failing to cooperate in an investigation over wagers he placed on this year’s State of the Union. © Stefan Jeremiah, Associated Press Kalshi, in filings published Monday, said Santos will face both a...
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Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.
The prediction market said it would ban former Rep. George Santos, R-N.Y., for life — a Kalshi first.