Kalshi bans former congressman George Santos for life after State of the Union trades

Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.

<img src='https://npr.brightspotcdn.com/dims3/default/strip/false/crop/4300x2868+0+0/resize/4300x2868!/?url=http%3A%2F%2Fnpr-brightspot.s3.amazonaws.com%2F05%2F82%2Fe3466b0446d88a517b4f7535ec28%2Fap26196779888990.jpg' alt='Former Congressman George Santos has been banned from the prediction market site Kalshi for life after an investigation into accusations of insider trading on betting markets.'/><p>Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.</p><p>(Image credit: Julia Demaree Nikhinson)</p><img src='https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5950432' />