Developing storyline

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 stories105 sourcesUpdated Sep 1, 2026

In this storyline:Kalshi George Santos United States House of Representatives

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Aug 31, 3 PMdots mark key developments · hover for any hourSep 1, 4 PM

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.
101 sources on this →

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Politics

Kalshi Bans Santos for Life After Settlement

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.

101 sources

Business

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

4 sources

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