Former U.S. Rep. George Santos has been permanently banned from trading on Kalshi, marking the platform’s first-ever permanent ban.
Former U.S.
Rep.
George Santos has been permanently banned from trading on Kalshi, marking the prediction market platform’s first-ever permanent ban.
In a notice of settlement of disciplinary action filed on Monday, Kalshi said Santos violated its rules by trading a bet on whether he would attend the State of the Union.
He was then ordered to pay a fine of just over $71,000.
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