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▼ Bad look for BuckhoutEthics / Corruption

George Santos becomes first person to get lifetime ban from Kalshi

Buckhout acknowledged betting on her own campaign and said she made a mistake.

George Santos becomes first person to get lifetime ban from Kalshi
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This article1 analysis · Sep 28, 2026
CNN
Aug 31, 2026
tl;dr

Kalshi fined Laurie Buckhout and suspended her for three years after she bet on her own House campaign; it also imposed its first lifetime ban on former Rep. George Santos for insider bets. The cases raise concerns about candidates trading on information tied to political outcomes.

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House candidate who bet on her own campaign and received a three-year Kalshi suspension

PRIMARY SUBJECT
George Santos
Former U.S. Representative (R-NY)

Former representative given Kalshi’s first lifetime ban over insider bets

Santos's version of this story ↗
Donald Trump
R · President of the United States

President who endorsed Buckhout

Representative who criticized Buckhout’s betting

Part of a bigger story

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Kalshi Suspends Laurie Buckhout and Permanently Bans George Santos

Kalshi fined Laurie Buckhout and suspended her from trading for three years after she wagered on her own congressional campaign. Center outlets place Buckhout’s penalty within wider concerns about trading on political outcomes and also cover Kalshi’s lifetime ban of George Santos. Right-leaning outlets focus on Buckhout’s fine and suspension, noting that the wager’s outcome and timing were unclear.

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