Kalshi, a U.S. prediction market, has banned former Congressman George Santos for market manipulation, marking its first lifetime ban. The move is part of the industry's ongoing efforts to demonstrate self-regulation.
Kalshi, a U.S.-based prediction market, has hit former Congressman George Santos with a lifetime trading ban for market manipulation. First time the platform has ever used a penalty this severe. And it comes as part of a broader push by the industry to show it is actually cracking down on misconduct.

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