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Ex-politician bet on Trump speeches and is banned from Kalshi over insider trading
🇩🇰 Denmark /Crime & Justice

Ex-politician bet on Trump speeches and is banned from Kalshi over insider trading

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Outcome reported
  • Kalshi permanently banned former US Representative George Santos from its platform.
  • The prediction market fined Santos $71,356 after allegedly finding evidence of insider trading related to bets on Donald Trump’s speeches.
  • Santos was previously convicted of fraud and expelled from the House of Representatives.

George Santos has been permanently barred from the betting platform Kalshi after allegedly using inside information to bet on Donald Trump’s speeches.

Kalshi also fined the convicted former politician $71,356, according to The New York Times. The platform said it had found evidence that Santos engaged in insider trading.

Santos was expelled from the US House of Representatives after a career marked by fraud convictions and political scandal. His prison sentence was canceled by Donald Trump in 2025.

The latest sanction adds a prediction-market ban to Santos’s list of legal and political setbacks.

About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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