Prediction Market Betting Is Getting People Banned and Arrested
This week on Uncanny Valley, we dig into the latest prediction market buzz, Flock’s AI-powered police search tool, and how tech bros don’t know how to talk about “rouge” AI agents
Former US representative George Santos has received a lifetime ban from prediction market platform Kalshi, along with a $71,000 fine, for attempting to manipulate a bet on whether he would attend Trump's State of the Union address. Kalshi discovered Santos' involvement due to their know your customer requirement, and they had already fined him for a similar incident. The platform decided to ban him as he was being difficult to work with and not cooperating. Santos did not respond to the ban.
Written by urgent.news from Wired's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
