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Kalshi Issues First Lifetime Ban After George Santos Manipulation Case

CoinCentral·September 1, 2026·1 min read
Kalshi Issues First Lifetime Ban After George Santos Manipulation Case

Kalshi issued its first lifetime trading ban against former U.S. Representative George Santos after he made $17,839.57 by trading contracts tied to his own State of the Union attendance. He posted misleading statements on social media to move prices. Kalshi fined him $71,356, four times his profits.

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