George Santos responded after Kalshi issued its first-ever lifetime ban, mocking the prediction market on X after insider trading allegations.

Former Republican Representative George Santos has hit back after receiving a lifetime ban on prediction market platform Kalshi.

On Monday, Kalshi said it had permanently barred Santos from its platform and imposed a $71,356 penalty following a Commodity Futures Trading Commission (CFTC) case tied to trades on his own attendance at President Donald Trump’s State of the Union address. Regulators alleged Santos profited from contracts predicting he would miss the event while posting content that suggested he still planned to attend.

It marks the first time Kalshi has issued a lifetime ban, according to a company spokesperson, and its compliance department had imposed a penalty of $71,356, according to a filing on its website.