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Business · 2 hours ago

George Santos gets Kalshi's first ever lifetime trading ban

George Santos gets Kalshi's first ever lifetime trading ban

Former US congressman George Santos has been permanently banned from the prediction market platform Kalshi and fined $71,356. The ban follows a federal investigation into allegations he profited from bets on his own attendance at a State of the Union address. Santos, expelled from Congress in 2023, mocked the company on X after the decision.

Reported by newsweek.com · How we write briefs

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