DFL Sen. Matt Klein suspended from prediction market after betting on himself in 2nd District race

By: Michelle Griffith

Outlets: Minnesota Reformer

Published: April 22, 2026

Words: 513

Last Updated: 3 months, 1 week ago

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State Sen. Matt Klein, a Democrat from Mendota Heights, was suspended from Kalshi after the prediction market company discovered the candidate for Minnesota’s 2nd Congressional District had bet on the outcome of his own election.

Klein, who is a Democratic-Farmer-Labor candidate for the seat currently held by U.S. Rep. Angie Craig, agreed to a five-year suspension and a $539.85 fine as part of a settlement agreement, according to a notice of settlement of disciplinary …

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