Kalshi bans ex-congressman George Santos for life over insider trading

On August 31, 2026, prediction market operator Kalshi permanently banned former U.S. Representative George Santos for life after determining he engaged in barred trades and made misleading comments that influenced prices. The ban followed a CFTC investigation.

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Ex-Congressman Santos Banned for Life by Kalshi After CFTC Case

rss:bloomberg-marketsus_mainstream29d ago kagi ↗

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.