Kalshi bans ex-Congressman George Santos for life after concluding he likely was insider trading
Online prediction market platform Kalshi has banned former U.S. Representative George Santos from its site permanently, citing potential insider trading. Santos, a Republican, was found to have bet on whether he would attend the State of the Union address, earning a $17,839 profit when he didn't show up. Kalshi spokesperson Elisabeth Diana stated this marks the first permanent ban in the company's history.
Two North Carolina congressional candidates, Laurie Buckhout and Ben Midgley, were temporarily banned and fined $2,589 each for placing smaller bets on their own campaigns.
Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Kalshi bans ex-congressman George Santos from prediction platform for life theguardian.com
- Ex-congressman George Santos banned from betting platform for life kahawatungu.com
- Kalshi bans George Santos for life thehill.com
- Kalshi bans George Santos for life cbsnews.com
- Kalshi permanently bans ex-Congressman George Santos for life after concluding he likely was insider trading pbs.org
- Kalshi announces lifetime ban against former Rep. George Santos abcnews.com
- Prediction platform Kalshi bans ex-US Congress member for manipulation ft.com
- Kalshi lays down first lifetime ban for ex-member of Congress George Santos coindesk.com
