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Kalshi bans George Santos for life over State of the Union bets

Prediction market platform Kalshi has banned former congressman George Santos for life over bets placed on the State of the Union address. The ban comes two months after the CFTC settled charges against Santos.

Background

Kalshi is a regulated prediction market platform that gained attention during the 2024 election cycle. George Santos, a former Republican congressman, faced legal troubles and CFTC charges before his expulsion from Congress.

Source
TechCrunch
Published
Sep 1, 2026 at 02:53 AM
Score
5.0 / 10