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

Monday, August 31, 2026


Kalshi, a prediction markets platform, banned former congressman George Santos for life and fined him more than $71,000 after an investigation into bets he placed on his own attendance at the State of the Union. According to Kalshi, Santos did not cooperate with the investigation.

Original reporting: https://www.npr.org/2026/08/31/nx-s1-5950432/george-santos-kalshi-ban-prediction-markets

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