Kalshi Issues Lifetime Ban to George Santos Over Insider Betting
Kalshi has taken a significant step in regulating its platform by issuing a lifetime ban to former Congressman George Santos for insider betting. Additionally, Laurie Buckhout received a three-year suspension for similar misconduct. These actions reflect the platform's commitment to maintaining integrity in the prediction market industry.
Reports behind this story
Articles and publisher reports that informed this story.
Kalshi Suspends House Candidate Laurie Buckhout for Betting on Herself
The North Carolina Republican bought less than $1,000 of contracts on her own race and drew a three-year ban.
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.
Kalshi bans George Santos for life over State of the Union bets
The disciplinary action comes two months after the Commodity Futures Trading Commission settled charges against Santos.
Kalshi lays down first lifetime ban for ex-member of Congress George Santos
The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.

