Prediction market exchange Kalshi suspended North Carolina Republican House candidate Laurie Buckhout from trading for three years after she bought contracts tied to her own congressional election. The settlement took effect Friday and requires Buckhout to pay a $2,589.96 fine. She purchased less than $1,000 of the contracts while campaigning against Democratic Representative Don Davis in North Carolina's First Congressional District. Kalshi's rules bar candidates and other people with direct decision-making influence over an outcome from trading related contracts. The exchange previously imposed five-year suspensions on Minnesota Senator Matt Klein, former Texas congressional candidate Ezekiel Enriquez and Virginia state Senate candidate Mark Moran for betting on their own elections. Former Representative George Santos was permanently barred and fined $71,356 for trading contracts related to his attendance at the State of the Union address. Buckhout won the Republican primary in March this year and will face Davis again after losing to him by less than two percentage points in 2024. Kalshi is regulated by the CFTC (U.S. derivatives regulator) and recorded trading volume of several billion dollars over the past year.