Kalshi bans George Santos for life over State of the Union price manipulations

Kalshi bans former congressman George Santos for life after State of the Union trades

Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.

Aug 31, 2026

Kalshi bans Santos for life over bets on State of the Union attendance

The prediction market Kalshi is permanently banning former Rep. George Santos (R-N.Y.) from using its platform for failing to cooperate in an investigation over wagers he placed on this year’s State of the Union. Kalshi, in filings published Monday, said Santos will face both a lifetime ban and an additional $71,356 financial penalty. “Hey @Kalshi…

Aug 31, 2026

Kalshi bans George Santos for life over State of the Union price manipulations

Prediction market company Kalshi permanently banned former Republican Rep. George Santos from its platform Monday and imposed a $71,356 penalty after determining that he manipulated contracts tied to his own attendance at President Donald Trump’s 2026 State of the Union address. Kalshi alleged that Santos placed a series of wagers on whether he would attend […]

Aug 31, 2026