Kalshi slaps scandal-ridden George Santos with first-ever lifetime ban over shady bet
From the Right
AllSides Media Bias Rating: Right
Kalshi said Monday that it has slapped scandal-ridden former Rep. George Santos with its first-ever lifetime ban after he allegedly made more than $17,000 in illicit bets on the prediction market.
On top of the ban, Santos faces $71,356 in penalties for not cooperating with Kalshi's internal investigation, the platform said.
Between Feb. 2 and Feb. 25, 2026, Santos – the GOP congressman who was expelled in 2023 – placed a series of large bets on whether he would attend President Trump's State of the Union address. He made $17,839.57 on the bets, according to Kalshi.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
AllSides Picks
Headline Roundup
X Says Chinese Bot Accounts Are Pushing Back Against Data Centers
August 30th, 2026
Headline Roundup
Meta Agrees to New Facebook, Instagram Limits for Teens in $18 Billion Settlement
August 26th, 2026
Recommended Reading
When Americans Are Afraid of the Future
Dan Schnur
August 31st, 2026
Story of the Week
Meta Settles with 29 States
AllSides Staff
August 27th, 2026
