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▼ Bad look for BuckhoutEthics / Corruption

North Carolina Republican Hit With Kalshi Fine for Trading on Her Own Race

Kalshi fined and suspended Laurie Buckhout after she traded contracts tied to her own congressional candidacy.

North Carolina Republican Hit With Kalshi Fine for Trading on Her Own Race
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This article1 analysis · Sep 28, 2026
Newsweek
Aug 31, 2026
tl;dr

Kalshi fined Laurie Buckhout $2,589.96 and suspended her for three years after she traded less than $1,000 in contracts tied to her own congressional race. Buckhout called it a “dumb mistake”; a Democratic campaign committee spokesperson questioned whether she could be trusted as a representative.

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House candidate fined and suspended by Kalshi for trading on contracts related to her own race

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

Former representative fined and permanently banned from Kalshi over trades related to his attendance at Trump’s State of the Union address

Donald Trump
R · President of the United States

President referenced in the district’s recent voting and national political context

Former congressional primary candidate whom the article says Kalshi previously suspended

Former Texas 21st Congressional District primary candidate whom the article says Kalshi previously suspended

Incumbent representative and Buckhout’s opponent in the congressional race

Part of a bigger story

4 OUTLETS
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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