{"id":7769,"date":"2026-08-31T16:02:41","date_gmt":"2026-08-31T16:02:41","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=7769"},"modified":"2026-08-31T16:02:41","modified_gmt":"2026-08-31T16:02:41","slug":"kalshi-slaps-scandal-ridden-george-santos-with-first-ever-lifetime-ban-over-shady-bet","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=7769","title":{"rendered":"Kalshi slaps scandal-ridden George Santos with first-ever lifetime ban over shady bet"},"content":{"rendered":"
\n

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.<\/p>\n

Read more Exclusive | Convicted cabdriver rapist Gurmeet Singh stripped of US citizenship 15 years after assaulting passenger<\/a><\/p>\n

On top of the ban, Santos faces $71,356 in penalties for not cooperating with Kalshi\u2019s internal investigation, the platform said.<\/p>\n

Between Feb. 2 and Feb. 25, 2026, Santos \u2013 the GOP congressman who was expelled in 2023 \u2013 placed a series of large bets on whether he would attend President Trump\u2019s State of the Union address. He made $17,839.57 on the bets, according to Kalshi.<\/p>\n

The Commodity Futures Trading Commission, or CFTC, alleged Santos had made misrepresentations and omissions online that influenced the market he was betting on, and that he should not have been betting on an event that he had the power to influence.<\/p>\n

Read more John Galliano pulls out of Met Gala 2027 after backlash<\/a><\/p>\n

In July, the ousted New York lawmaker agreed to pay more than $35,000 in a settlement with the CFTC.\u00a0<\/p>\n

At the time of the settlement, Joseph Murray, Santos\u2019 attorney, said the sacked congressman had agreed to make the payment to avoid a potentially lengthy and expensive legal battle, adding that it \u201cshould not be mistaken for admission of any wrongdoing.\u201d<\/p>\n

Santos voiced a defiant stance on Monday.<\/p>\n

\n<\/div>\n

\u201cHey @Kalshi thanks for the lifetime ban from your gambling platform,\u201d he wrote on X. \u201cLet\u2019s see how much longer you guys are around for.\u201d<\/p>\n

Read more Hollywood celebrities are backing a terrorist murderer \u2014 read the facts<\/a><\/p>\n

This is a developing story. Please check back for updates.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Kalshi said Monday that it has slapped scandal-ridden former Rep. 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