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.&#8230;

Kalshi has permanently banned former U.S. Representative George Santos and imposed a $71,356 penalty after determining he manipulated an attendance market to earn $17,839.57 through large trades placed between February 2 and August 28.

Kalshi bans George Santos for $17,839 market manipulation

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.

Former congressman George Santos was banned for life from the trading exchange Kalshi after placing large bets on his own attendance at the State of the Union and making false statements to influence prices, resulting in a profit of nearly $18,000.

George Santos Bet on Whether He'd Show Up to the State of the Union—Kalshi Just Banned Him for Life

Former U.S. Rep. George Santos has been permanently banned from trading on Kalshi, marking the platform’s first-ever permanent ban.

Kalshi has issued its first permanent ban to former U.S. Representative George Santos, prohibiting him from trading on the platform. This action marks a significant enforcement step for Kalshi.

Kalshi issues first permanent ban to former Rep. George Santos over State of the Union trading

حظرت كالشي بشكل دائم النائب الأمريكي السابق جورج سانتوس بعد أن قام بالتلاعب في سوق الحضور لتحقيق ربح يقارب 18,000 دولار. وهذا يمثل أول حظر دائم للمنصة، مما يبرز التزامها بتطبيق اللوائح ضد التلاعب في السوق.

Kalshi ha prohibido permanentemente al exrepresentante estadounidense George Santos después de que manipuló un mercado de asistencia para obtener un beneficio de casi 18,000 dólares. Esto marca la primera prohibición permanente de la plataforma, destacando su compromiso con la aplicación de regulaciones contra la manipulación del mercado.

Kalshi a interdit définitivement l'ancien représentant américain George Santos après qu'il ait manipulé un marché d'attendance pour réaliser un bénéfice de près de 18 000 $. Cela marque la première interdiction permanente de la plateforme, soulignant son engagement envers l'application des réglementations contre la manipulation du marché.