The company announced the ban after saying its compliance department had established reasonable cause to believe Santos engaged in insider trading over his attendance at the State of the Union, when he turned a $17,839 profit on his trading activity.

By Larry Neumeister, Associated Press

President Donald Trump’s teleprompter operator is on unpaid leave after reports that he used his inside knowledge to make bets about the president’s speeches on the online prediction market Kalshi, the White House said Thursday.

By Bill Barrow, Associated Press

Leavitt added that no other staffers are under investigation and that the White House counsel had no awareness of the alleged bets.

By Hannah Grabenstein

Three congressional candidates wagered on the outcome of their own elections on Kalshi, according to the prediction market, which said Wednesday that it fined and suspended the men from their platform for five years.

By Jesse Bedayn, Associated Press/ Report for America, Safiyah Riddle, Associated Press