# Kalshi Bans And Fines Three Politicians For Placing Bets On Their Own Races

Page: https://stenobird.com/podcast/forbes-topline-6026943/kalshi-bans-and-fines-three-politicians-for-placing-bets-on-their-own-races
Text version: https://stenobird.com/podcast/forbes-topline-6026943/kalshi-bans-and-fines-three-politicians-for-placing-bets-on-their-own-races.md
Podcast: [Forbes Topline](https://stenobird.com/podcast/forbes-topline-6026943)
Published: 2026-04-24T07:30:00+00:00
Episode link: https://traffic.megaphone.fm/FSML7431805424.mp3
Audio file: https://traffic.megaphone.fm/FSML7431805424.mp3
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JSON: https://stenobird.com/v1/public/podcasts/forbes-topline-6026943/episodes/kalshi-bans-and-fines-three-politicians-for-placing-bets-on-their-own-races
Duration seconds: 211

## Resource

Kalshi caught and suspended three political candidates who bet on the outcomes of their own elections, the prediction market company said in a statement on Wednesday, fining the three politicians and issuing five-year bans from their platform. Minnesota State Senator Matt Klein, a candidate running for the Democratic nomination for Minnesota’s second district in the House of Representatives, agreed to pay a $539.85 fine. Ezekiel Enriquez, a former candidate for the Republican primary for a congressional district in Texas, was fined $784.20. Enriquez lost this race after the primary elections in March. Both Klein and Enriquez bought less than $100 worth of contracts on their own elections, according to Kalshi’s filings, and both were also issued five-year suspensions. Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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