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Kalshi imposes first lifetime ban over alleged insider trading

Kalshi announced a first lifetime ban against US House candidates Laurie Buckhout and George Santos for using insider information to trade on event contracts, describing the action as among its first since launch.

KALSHI

Prediction market platform Kalshi announced action against US House of Representatives candidate Laurie Buckhout and ousted Republican lawmaker George Santos over using insider information for trading on event contracts, in one of the first lifetime bans the company has imposed since its launch in…