Feed / Enforcement & compliance
Kalshi permanently bans George Santos over suspected insider trading
By SectorWire desk ·
Summary
Kalshi announced on 31 August that it had permanently barred former US Representative George Santos. The platform said Santos likely engaged in insider trading by profiting from wagers against his own attendance at the State of the Union address.
Why it matters
Kalshi permanently barred Santos after concluding he likely profited from insider trading on wagers concerning his own attendance.