Santos was accused of profiting from bets tied to his attendance at Trump’s State of the Union address
George Santos, the former Republican congressman whose political career collapsed under a mountain of lies, has become the first person ever handed a lifetime ban by the prediction-market platform Kalshi.
The company announced the permanent suspension on Monday, along with a $71,356 fine, after federal regulators accused Santos of profiting from bets tied to his own attendance at Donald Trump’s State of the Union address earlier this year.
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This article was originally published by The Guardian and written by Joseph Gedeon in Washington.
Read original article on The Guardian