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Santos and Buckhout Face Prediction Market Bans | Global News
- Published
- September 1, 2026
- Duration
- 1:41
- Summary source
- description
- Last updated
- Sep 2, 2026
Discusses daily.
Summary
Former Congressman George Santos is permanently banned from prediction market Kalshi after betting against his own appearance at the State of the Union — a trade that netted him nearly $18,000. Kalshi, issuing its first-ever permanent ban, also fined him over $71,000. Santos called the move “frivolous nonsense” and challenged the platform’s longevity. Mea…
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Show notes
Former Congressman George Santos is permanently banned from prediction market Kalshi after betting against his own appearance at the State of the Union — a trade that netted him nearly $18,000. Kalshi, issuing its first-ever permanent ban, also fined him over $71,000. Santos called the move “frivolous nonsense” and challenged the platform’s longevity. Meanwhile, North Carolina candidate Laurie Buckhout admitted to betting on her own campaign, received a $2,500 fine and three-year ban, vowing to
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