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Kalshi slaps scandal-ridden George Santos with first-ever lifetime ban over shady bet

Source: nypost.com

Elections & Domestic PoliticsRegulation & LegislationInvestor Sentiment & Positioning
Kalshi slaps scandal-ridden George Santos with first-ever lifetime ban over shady bet

Kalshi imposed a lifetime ban on former Rep. George Santos after alleging he placed over $17,000 in illicit bets on its prediction market. The move is a first-of-its-kind disciplinary action for the exchange and signals heightened enforcement risk around prediction-market participation.

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