# More Kalshi politician bans could be coming — retained record

> Retained news record from news:semafor.

Canonical: https://highsignal.app/data/records/6fb665c91d5fa996

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source: [news](https://highsignal.app/data/news) (news:semafor)  published 2026-09-01 08:53 ingested 2026-09-02 02:57

[original source ↗](https://www.semafor.com/article/09/01/2026/more-kalshi-politician-bans-could-be-coming)

## retained text



```
Kalshi is conducting ongoing investigations into other political figures who may have conducted insider trading after suspending four yesterday, a person familiar with the probes told Semafor.
The prediction market said it would ban former Rep. George Santos, R-N.Y., for life — a Kalshi first — after he used it to cash in on skipping the State of the Union.
It also temporarily suspended Laurie Buckhout, a North Carolina Republican vying to unseat a moderate House Democrat, as well as Stephen Cloobeck and Ben Midgley, former gubernatorial candidates in California and Maine, respectively.
All four were fined between $2,500 and $71,000. Rival Polymarket is prepared to take similar action, an official said, as the CFTC orchestrates its own crackdown.
Donald Trump Jr.’s investment fund, 1789, is reportedly investing another $300 million in Polymarket for a total of $500 million.
```



document fetched 2026-09-02 06:32 · canonical https://semafor.com/article/09/01/2026/more-kalshi-politician-bans-could-be-coming