The House Always Wins: Kalshi's Lifetime Ban for George Santos The world of prediction markets has long been known for its Wild West atmosphere, where high stakes gamblers and politicians can bet on anything from election outcomes to market trends.
But when former Republican congressman George Santos attempted to manipulate prices on Kalshi, it was a serious breach of trust that earned him a lifetime ban from the platform.
Santos' attempt to influence contract prices related to his attendance at President Trump's State of the Union address was brazen, even for someone with his checkered past.