Key Takeaways Kalshi permanently banned George Santos and imposed a $71,356 penalty, effective Aug. 28. The CFTC’s July order formally credited Santos’s cooperation in its investigation. Four others were banned three years each; Kalshi says they cooperated. Disagreements and Social Media Spats Kalshi’s Compliance Department permanently suspended George Santos from direct or indirect access to the platform and imposed a $71,356 penalty. The notice cites six rule violations, finding he profited $17,839.57. It is the first lifetime ban in the company’s history, the Wall Street Journal reported based on a statement from a Kalshi spokeswoman. A representative told NOTUS by …


