Kalshi suspends Republican candidate Laurie Buckhout from its prediction market after concluding she placed wagers on her own congressional race in North Carolina’s 1st District. Buckhout, a GOP candidate against incumbent Rep. Don Davis (D-N.C.), is reported to have bought contracts tied to the race worth under $1,000.
Kalshi’s suspension lasts three years. The company also imposes a fine of nearly $2,600, according to one outlet. Buckhout responds publicly by describing the trades as a mistake, with reporting citing her characterization as “dumb” and noting that she “bet on myself. Literally.”
The outlets largely agree on the core facts: the candidate’s wagers involved her own race, Kalshi determines the activity violated its rules, and the company takes enforcement action including suspension and a monetary penalty. Differences are mainly in how each outlet frames the amounts and her explanation, rather than the underlying conduct or outcome.
