Kalshi issues lifetime ban to George Santos for betting on State of the Union attendance
The prediction market platform Kalshi issued its first permanent ban to former Representative George Santos on Monday. The platform cited prohibited trading activity involving bets on whether he would attend the annual address. This move marks the first time Kalshi has permanently barred a user for violating its terms. This enforcement action follows previous efforts to maintain market integrity. In April 2026, Kalshi suspended and fined three congressional candidates for betting on their own election outcomes. The platform categorized those actions as violations of rules against political insider trading.
Kalshi gives first lifetime ban to ex-Rep. George Santos over compromised betsKalshi permanently bans former GOP Rep. George Santos over illegal tradingGeorge Santos is the first person to be permanently banned from Kalshi
News
George Santos is the first person to be permanently banned from Kalshi
Business InsiderCenter
Kalshi permanently bans former GOP Rep. George Santos over illegal trading
CNBCCenter
Kalshi gives first lifetime ban to ex-Rep. George Santos over compromised bets
Washington TimesCenter Right
Prediction market platform Kalshi suspends 3 congressional candidates who bet on their own races
news_articleCenter Right
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