‘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 never substantiates, and one the CFTC contradicted in July. Disagreements and […]
Key Takeaways
- Kalshi issued its first permanent ban on Monday, barring former U.S.
- 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 never substantiates, and one the CFTC contradicted in July.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
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.
Social Trading Predictions Point to Crypto’s Next Roaring Kitty
Social trading could produce celebrity traders, powerful online groups, and crypto’s next Gamestop-style movement. New predictions suggest trading applications will increasingly combine markets, content, competition, and financial incentives as the sector…