Former US Rep. George Santos Banned From Kalshi for Life After Betting on Himself
Kalshi is permanently cutting off George Santos after investigating trades that allegedly exploited his ability to influence the outcome of event contracts.
George Santos
Person · 16 articlesAll coverage
page 1 of 1
Kalshi issues first lifetime ban for Republican politician over insider bets
The prediction platform permanently banned George Santos and issued a three-year suspension for Laurie Buckhout after investigations into using insider information on event contracts.
Cointelegraph•Cointelegraph by Turner Wright1 Sept
‘An Unserious Company’: Santos Fires Back at Kalshi Lifetime Ban
Kalshi issued its first permanent ban on Monday, barring former U.S. Rep. George Santos and fining him $71,356 over trades on his own State of the Union attendance. The exchange cited his failure to cooperate with its investigation – a finding its own notice never substantiates, and one the CFTC contradicted in July. Disagreements and […]
Bitcoin.com News•Luci Kelemen1 Sept
Trump Let Him Out of Prison, Now He's Banned for Life From Trading
Kalshi gave George Santos a lifetime trading ban and a $71,356 fine months after Trump commuted his prison sentence.
BeInCrypto•Darryn Pollock1 Sept
Kalshi bans George Santos for $17,839 market manipulation
Kalshi has permanently banned former U.S. Representative George Santos and imposed a $71,356 penalty after finding that he manipulated an attendance market to earn $17,839.57. Kalshi’s Aug. 28 disciplinary notice said Santos placed large trades between Feb. 2 and Feb.…
George Santos Bet on Whether He'd Show Up to the State of the Union—Kalshi Just Banned Him for Life
The exchange found the former congressman placed large trades on his own State of the Union attendance, then made false statements to move prices, profiting nearly $18,000.
Kalshi bars former congressman George Santos for insider trading
Kalshi's decisive action against Santos highlights the platform's commitment to integrity, setting a strong precedent for prediction market regulation.
CryptoBriefing•Editorial Team31 Aug
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
CoinDesk•Francisco Rodrigues31 Aug
Kalshi issues first permanent ban to former Rep. George Santos over State of the Union trading
Former U.S. Rep. George Santos has been permanently banned from trading on Kalshi, marking the platform’s first-ever permanent ban.
The Block•Sarah Wynn31 Aug
George Santos to pay $35K after CFTC finds Kalshi market manipulation
George Santos has settled CFTC case over Kalshi prediction market trades by accepting penalties and a three-year trading ban after regulators found he made misleading public statements while betting on his attendance at President Donald Trump’s State of the Union…
George Santos Settles CFTC Case Over Trading His Own Kalshi Market
Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of the Union attendance. A final order reveals he profited first from Yes contracts, then switched to No while continuing to tell the public he planned […]
Bitcoin.com News•Luci Kelemen4 Aug
George Santos traded against himself on Kalshi and got caught
The Santos case highlights the need for stricter regulations in prediction markets to prevent self-referential trading and ensure market integrity.
CryptoBriefing•Editorial Team3 AugGeorge Santos Kalshi Bet Cost Him $35,000: Who Caught Him First?
George Santos bet against his own no-show and made $17,570. Kalshi caught it in seconds. The CFTC fined him $35,000.
BeInCrypto•Lockridge Okoth1 Aug
Former Rep. George Santos agrees to pay $35,000 in CFTC settlement over Kalshi SOTU bet
Former expelled U.S. Rep. George Santos settled with CFTC over trades made on Kalshi about the State of the Union.
The Block•Sarah Wynn31 Jul
CFTC orders George Santos to pay $35,000 for manipulative trading on prediction market
Santos's case underscores the regulatory challenges and potential vulnerabilities in prediction markets, especially for decentralized platforms.
CryptoBriefing•Editorial Team31 Jul
DOJ and CFTC Open Insider-Trading Probes of George Santos Over Kalshi Bets on His Own State of the Union Appearance
Kalshi flagged the trades, froze the account, and referred the case to federal authorities — the first known criminal-and-civil enforcement track against a named individual on a CFTC-regulated US prediction market.
The Defiant•The Defiant Team3 Jun