<div><img width="300" height="200" src="https://readwrite.com/wp-content/uploads/2026/06/George-Santos-rejects-trading-claims-amid-expanding-prediction-market-concerns-300x200.png" class="attachment-medium size-medium wp-post-image" alt="Former Rep. George Santos pictured in front of a rising financial trading chart, illustrating prediction markets, insider trading investigations, Kalshi betting activity, and growing regulatory scrutiny of political event markets." style="width:100%;height:66.67%;max-width:1200px;margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://readwrite.com/wp-content/uploads/2026/06/George-Santos-rejects-trading-claims-amid-expanding-prediction-market-concerns-300x200.png 300w, https://readwrite.com/wp-content/uploads/2026/06/George-Santos-rejects-trading-claims-amid-expanding-prediction-market-concerns-900x600.png 900w, https://readwrite.com/wp-content/uploads/2026/06/George-Santos-rejects-trading-claims-amid-expanding-prediction-market-concerns-240x160.png 240w, https://readwrite.com/wp-content/uploads/2026/06/George-Santos-rejects-trading-claims-amid-expanding-prediction-market-concerns.png 1200w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>George Santos has been permanently suspended from Kalshi and ordered to pay $71,356 after the prediction market exchange concluded that&#8230; <a class="more-link" href="https://readwrite.com/kalshi-permanently-suspends-george-santos/">Continue reading <span class="screen-reader-text">Kalshi permanently suspends George Santos over State of Union market trades</span></a></p>
<p>The post <a href="https://readwrite.com/kalshi-permanently-suspends-george-santos/">Kalshi permanently suspends George Santos over State of Union market trades</a> appeared first on <a href="https://readwrite.com">ReadWrite</a>.</p>