Kalshi's lifetime ban of George Santos

Prediction-market platform Kalshi permanently bans former Rep. George Santos after a settlement over alleged trading misconduct, marking the company's first lifetime ban.

2 stories122 sourcesUpdated Sep 1, 2026

In this storyline:Kalshi George Santos United States House of Representatives 2020 United States House of Representatives elections in New York

Key developments

Sep 1, 2026
Kalshi issues its first-ever lifetime ban against ex-Congressman George Santos.
4 sources on this →
Aug 31, 2026
Kalshi's ban follows a settlement imposing a $71,356 penalty on Santos for alleged trading misconduct, including an insider-trading-related violation.
118 sources on this →

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Business

Ex-Congressman George Santos Receives Kalshi’s First-Ever Lifetime Ban

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Politics

Kalshi imposes first lifetime ban on George Santos over State of the Union bet

Kalshi permanently bans former Rep. George Santos from its platform, marking the company’s first lifetime ban and imposing a $71,356 penalty for alleged trading misconduct tied to his activity, including an insider-trading-related violation. The move follows Santos’s past penalties for betting on his own attendance at the State of the Union—where he won about $18,000 after a $35,000 fine—and his history of legal troubles and a pardon from President Donald Trump.

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