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+++ USA +++: Ex-Abgeordneter Santos darf nicht mehr auf Kalshi wetten

Trump will strategische Reserven mit Öl aus Venezuela auffüllen +++ US-Finanzminister will bei G20-Treffen Druck auf China und Iran erhöhen +++ Google Maps zeigt jetzt „Lake America“ +++ Der Newsblog.

+++ USA +++: Ex-Abgeordneter Santos darf nicht mehr auf Kalshi wetten

Online prediction market platform Kalshi has permanently banned former U.S. Representative George Santos from its platform following an investigation into potential insider trading. Santos, who had expressed intent to attend the State of the Union address, was accused of profiting from bets against his attendance, ultimately earning a $17,839 profit when he failed to show up.

Kalshi's compliance department deemed Santos' actions as influencing market outcomes, leading to the lifetime ban and a $71,356 penalty. Four other individuals involved in new enforcement cases will face temporary bans, provided they cooperate with Kalshi's Compliance Department. Santos, a Republican congressman who served after creating a false persona, was previously sentenced to seven years in prison for fraud and identity theft in 2024.

Kalshi also imposed three-year bans on three other individuals involved in similar trading activities.

Written by urgent.news from Fast Company's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Read the original at handelsblatt.com →

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