Meanwhile, a federal appeals court ruled 3-0 that states can regulate prediction markets like gambling
analysis
Meanwhile, a federal appeals court ruled 3-0 that states can regulate prediction markets like gambling
News Editor
Published
August 31, 2026 5:20PM (EDT)
Kalshi bans George Santos for life over State of the Union bets | TechCrunch
George Santos gets lifetime ban from Kalshi prediction market
George Santos is the first person banned from Kalshi for life.
George Santos receives first-ever lifetime ban from Kalshi
Kalshi bars former congressman George Santos for insider trading
Former Congressman George Santos has been banned from Kalshi for life
Kalshi bans George Santos for life after insider trading investigation
Kalshi Is Imposing Its First-Ever Lifetime Ban on Former Rep. George Santos. Here’s Why
Kalshi bans ex-congressman George Santos for life after suspicious trades
George Santos Gets Kalshi’s First-Ever Lifetime Ban - Nasdaq (NASDAQ:NDAQ)
The disciplinary action comes two months after the Commodity Futures Trading Commission settled charges against Santos.
Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union…
The company also imposed a $71,356 penalty on the former congressman, who settled related CFTC charges in July
Kalshi says that in February, the former Republican congressman “placed a series of large trades in a market where the underlying…
George Santos was banned from prediction market platform Kalshi and fined more than $70,000 for alleged insider trading.
Kalshi issued its first lifetime ban, permanently barring George Santos after he allegedly manipulated prediction market…
