CNBC
Kalshi permanently bans former GOP Rep. George Santos over illegal trading
Monday, August 31, 2026
Kalshi, a prediction market platform, permanently banned George Santos, a former U.S. Representative from New York, after he engaged in trading activity related to whether he would attend the 2026 State of the Union address. Santos held positions on the platform that created a conflict of interest, as his personal attendance decision directly affected the outcome of trades he had placed. The ban followed Kalshi's review of trading patterns on the platform.
Original reporting: https://www.cnbc.com/2026/08/31/kalshi-perman.html