Home/News

Former Congressman George Santos has been banned from Kalshi for life

Former Congressman George Santos has been banned from the prediction market site Kalshi for life. The betting site announced several enforcement actions against suspected insider traders.

News articleA2Business & careerFree to learnPrintable worksheet

English with translations in EnglishQuizzes

Your interface language is the language you are learningMeanings and translations appear in the interface language, so they would only repeat the words. Switch the interface to a different language to look up words, translate sentences and see the meanings of your saved words.

Former Congressman George Santos has been banned from Kalshi for life

Former Congressman George Santos has been banned from the prediction market site Kalshi for life. The betting site announced several enforcement actions against suspected insider traders.

Kalshi says George Santos received the lifetime ban after he failed to cooperate with its investigation. The company found that Santos shared social media posts about how excited he was to attend Trump's State of the Union earlier this year, and, at the same time, he was placing bets on Kalshi that he would not be attending.

In response, Santos posted on X: "Thanks for the lifetime ban from your gambling platform. Let's see how much longer you guys are around for."

Kalshi also announced actions against a North Carolina Congressional candidate, Laurie Buckhout, who wagered on her own campaign, and against billionaire Stephen Cloobeck, who bet on his now-abandoned run for governor of California.

The crackdown comes as election integrity experts fear that prediction markets could create chaos this coming November.

An NPR editor adapted this audio report by Bobby Allyn.

Tap any underlined word for its meaning.

Source: NPR

1 / 7

About this lesson

Former Congressman George Santos has been banned from the prediction market site Kalshi for life. The betting site announced several enforcement actions against suspected insider traders. It is written at A2 level, so Everyday situations. Read it, listen where audio is available, tap words you do not know and finish with the quiz.

Frequently asked questions

What level is this lesson?

It is A2 (Elementary) on the CEFR scale: Everyday situations.

Is this lesson free?

Yes. You can read the whole lesson for free. Free accounts have daily limits on word look-ups, quizzes and AI tools; Premium removes them.

How do I understand words I do not know?

Tap any word for its meaning, save it to your word list, and review it later with spaced repetition.

Up next for A2

Business & careerA2

Aug 26

Starting My First Small Business

Business & careerA1

Al Jazeera EnglishAug 31

US Army Secretary Daniel Driscoll submits resignation, media reports say

Driscoll's resignation follows months of tensions with Defense Secretary Pete Hegseth, US media reports say.

Business & careerC2

NPRAug 31

Trump officials cut political interference ban after unusual Census Bureau report

After the Census Bureau issued a report tied to a Trump-aligned think tank, the bureau's parent agency cut language banning political interference from its scientific integrity policy, NPR learned.

Business & careerB2

Al Jazeera EnglishAug 31

White House construction on $400m ballroom can go on, says US Supreme Court

The decision replaces a temporary order issued earlier this month.

Business & careerC1

NPRAug 31

Kalshi bans former congressman George Santos for life after State of the Union trades

Kalshi says Santos did not cooperate with its investigation into bets he placed on his own attendance at the State of the Union. The company also fined the disgraced congressman more than $71,000.

Business & careerB2

NPRAug 31

The U.S. sues Amazon again

Federal regulators and 22 states allege that the tech giant made billions by manipulating how much brands and sellers paid for ads on its platform.