Kalshi bans Laurie Buckhout for 3 years, fines candidate $2,589.96 over self-betting

  • Kalshi barred North Carolina House candidate Laurie Buckhout from trading over campaign-related contracts.
  • $2,589.96 was the fine, while the purchased contracts were worth under $1,000.
  • The three-year ban took effect under an Aug. 28 settlement citing Kalshi rule 5.17(z).

Kalshi has barred Laurie Buckhout, a Republican House candidate in North Carolina, from trading on the platform for three years and fined her $2,589.96 after she bought contracts related to her own campaign. The contracts were worth less than $1,000, but a settlement agreement effective Aug. 28 said the purchases violated Kalshi rule 5.17(z). Kalshi operates a prediction market, where users trade contracts linked to future events.

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