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Santos Gets Lifetime Ban from Kalshi | Honduras News
George Santos just got a lifetime ban from Kalshi — the first time ever for the prediction market platform — after refusing to cooperate in an investigation into trades tied to his State of the Union attendance. He’s also slapped with a $71,356 penalty. Santos called Kalshi a “gambling platform” on X, but regulators say he may have engaged in insider trading by betting on his own appearance and manipulating prices through public statements — netting him over $17,500. He previously settled with the CFTC for $35,000 and a three-year trading ban over similar allegations. This case underscores…
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