George Santos was expelled from the Kalshi betting platform after placing bets on his own presence at the State of the Nation address. The former congressman publicly stated he would attend the event, which caused the betting odds on his attendance on the platform to surge.
When the odds rose significantly, Santos did not show up for the address. This situation raised suspicions on the platform, which eventually identified that the former congressman had bet against his own presence at the event.
Kalshi decided to expel Santos from the platform, considering that his conduct constituted a violation of the service's terms of use. The case drew attention to the use of betting platforms in political events, raising questions about the ethics and integrity of such practices.
