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Jewish News 24 · Aug 31, 2026

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Kalshi said on Monday that it would ban former Republican Rep. George Santos from using its platform for life after a federal regulator alleged that the ex-congressman made more than $17,000 by placing bets on his attendance at President Trump’s State of the Union address. In addition to the ban, Kalshi said its compliance department had imposed a penalty of $71,356, according to a filing on its website. It marks the first time the company has issued a lifetime ban, according to a Kalshi spokeswoman.

Kalshi said on Monday that it would ban former Republican Rep. George Santos from using its platform for life after a federal regulator alleged that the ex-congressman made more than $17,000 by placing bets on his attendance at President Trump’s State of the Union address. In addition to the ban, Kalshi said its compliance department had imposed a penalty of $71,356, according to a filing on its website. It marks the first time the company has issued a lifetime ban, according to a Kalshi spokeswoman.

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