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The Guardian - US
The Guardian - US
World
Joseph Gedeon in Washington

Kalshi bans ex-congressman George Santos from prediction platform for life

George Santos Kalshi Donald Trump CFTC State Of The Union
a man sits with fingertips pressed together in the House chamber
Former congressman George Santos. Photograph: Alex Brandon/AP

George Santos, the former Republican congressman whose political career collapsed under a mountain of lies, has become the first person ever handed a lifetime ban by the prediction-market platform Kalshi.

The company announced the permanent suspension on Monday, along with a $71,356 fine, after federal regulators accused Santos of profiting from bets tied to his own attendance at Donald Trump’s State of the Union address earlier this year.

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