https://www.live-feeds.com/feed/george-santos-receives-first-ever-lifetime-ban-from-kalshiContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/george-santos-receives-first-ever-lifetime-ban-from-kalshihttps://www.live-feeds.com/feed/george-santos-receives-first-ever-lifetime-ban-from-kalshi#u58835Sun, 06 Sep 2026 08:57:03 +0000Prediction market platform Kalshi issued its first-ever lifetime ban against former Republican congressman George Santos. The penalty stems from secret wagers Santos placed on himself, specifically manipulating prediction markets tied to his attendance at the State of the Union to generate profit. This enforcement action arrives as prediction markets face intense scrutiny over insider trading, drawing attention to the fundamental contradictions of these platforms while US courts weigh ongoing legal battles and technology companies secure higher valuations from investors.Why it mattersThe ban h https://www.live-feeds.com/feed/george-santos-receives-first-ever-lifetime-ban-from-kalshihttps://www.live-feeds.com/feed/george-santos-receives-first-ever-lifetime-ban-from-kalshi#u54400Wed, 02 Sep 2026 05:02:26 +0000Former GOP congressman George Santos has been banned for life from Kalshi, a prediction market platform. He was found to have secretly bet on himself, specifically manipulating markets tied to his State of the Union attendance for profit. This ban is the first of its kind for Kalshi.Why it mattersThe ban comes after an investigation into Santos' activities on the platform. Prediction markets like Kalshi allow users to bet on the outcome of events, including political ones. Santos' actions have raised concerns about market manipulation and the integrity of these platforms.What is conf