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AA News Crypto News Kalshi social

Former US Rep. George Santos Banned From Kalshi for Life After Betting on Himself

Prediction-market exchange Kalshi has permanently banned former US Rep. George Santos from accessing the platform after its Compliance Department found “reasonable cause to believe” that he engaged in insider trading and market manipulation. The lifetime ban, effective August 28, 2026, is the first permanent penalty of its kind imposed by Kalshi on a user. Penalty […]

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It’s Not Just Baltimore: Kalshi and Polymarket Face More Legal Trouble

Baltimore has taken legal action against prediction market operators Kalshi and Polymarket, accusing both companies of offering illegal sports betting in the city. Mayor Brandon M. Scott and the Baltimore City Council filed separate lawsuits on August 13 in the Circuit Court. The cases allege violations of Baltimore’s Consumer Protection Ordinance and accuse the companies […]

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