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Bloomberg

Ex-Congressman Santos Banned for Life by Kalshi After CFTC Case

Monday, August 31, 2026


Ex-Congressman George Santos has been banned for life from the prediction market platform Kalshi Inc. The ban follows a case brought by the Commodity Futures Trading Commission regarding wagers on Santos's attendance at the 2026 State of the Union address. Kalshi Inc. stated the ban was due to alleged manipulation of those wagers.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-31/ex-congressman-santos-banned-for-life-by-kalshi-after-cftc-case

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