Kalshi imposes first lifetime ban on George Santos over State of the Union bet
Kalshi permanently bans former Rep. George Santos from its platform, marking the company’s first lifetime ban and imposing a $71,356 penalty for alleged trading misconduct tied to his activity, including an insider-trading-related violation. The move follows Santos’s past penalties for betting on his own attendance at the State of the Union—where he won about $18,000 after a $35,000 fine—and his history of legal troubles and a pardon from President Donald Trump.
Politics · 118 sources · Sep 3, 2026Read itThe journal
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About George Santos
George Anthony Devolder Santos is an American former politician and convicted fraudster who served as the U.S. representative for New York's 3rd congressional district from January to December 2023, when he was expelled from Congress. He was elected in 2022 as a Republican, defeating Democrat Robert Zimmerman in the election for New York's 3rd district. He had previously run for the same seat, unsuccessfully challenging incumbent Tom Suozzi. Santos is the first openly LGBTQ Republican elected to Congress as a freshman.
Everything about George Santos →- Occupation
- politician
- Position held
- United States representative
- Citizenship
- United States, Brazil
- Born
- July 22, 1988