Kalshi lays down first lifetime ban for ex-member of Congress George Santos
The prediction market platform banned Santos for manipulation as part of the industry's ongoing efforts to show it's dealing with bad behavior.
Read Full Article on CoinDeskSummary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
‘An Unserious Company’: Santos Fires Back at Kalshi Lifetime Ban
Kalshi issued its first permanent ban on Monday, barring former U.S. Rep. George Santos and fining him $71,356 over trades on his own State of the Union attendance. The exchange cited his failure to cooperate with its investigation – a finding its own notice…
CME’s share of XRP futures jumps as token rallies 40% in a week
Outstanding XRP futures positions outside CME fell by more than 500 million tokens in two weeks, while exposure on the regulated U.S. exchange climbed about 36% as XRP rallied toward $1.40.
Thailand SEC proposes retail access to regulated overseas crypto derivatives
Thailand’s SEC seeks comments on rules requiring retail-accessible overseas crypto derivatives to trade on qualifying, centrally cleared exchanges.