Trump Teleprompter Operator Suspended for Insider Betting on Speeches
Gabriel Perez, President Trump’s longtime teleprompter operator, is under CFTC investigation for allegedly using insider knowledge of Trump’s speeches to earn over $100,000 betting on prediction market Kalshi. Kalshi flagged the suspicious trades, and Perez is in settlement talks. He has been placed on unpaid leave. The case highlights growing scrutiny of insider trading in political prediction markets.
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White House teleprompter operator accused of cashing in on Kalshi no longer works for government, official says
A White House teleprompter operator, Gabriel Perez, has been accused of using his advance access to the president's speeches to place profitable bets on the prediction market platform Kalshi. According to an official, Perez no longer works for the government. The allegations suggest he exploited his unique position, having the president's speech text before anyone else, to gain an unfair advantage in prediction market trading. This incident raises significant ethical and legal questions about insider trading in prediction markets and security protocols within the White House. The operator's termination underscores the administration's response to the breach of trust and potential violation of federal ethics rules.
White House teleprompter operator on unpaid leave over $100,000 insider trading allegations
A longtime White House aide responsible for operating the teleprompter has been placed on unpaid leave following allegations of insider trading involving approximately $100,000. The allegations were flagged by the prediction market platform Kalshi, which identified trades linked to the timing of presidential speeches. Kalshi referred the matter to the Commodity Futures Trading Commission (CFTC) for investigation. The White House has responded by asserting that it maintains 'extremely strict ethical guidelines' for all staff. The incident raises questions about the use of non-public information related to presidential communications for personal financial gain.
White House Teleprompter Operator Placed on Unpaid Leave Over $100K Betting on Trump Speeches
Gabriel Perez, a White House teleprompter operator and longtime Trump staffer, has been placed on unpaid leave after reports that he used inside knowledge of President Trump's speeches to earn over $100,000 through bets on the prediction platform Kalshi. The U.S. Commodity Futures Trading Commission (CFTC) is investigating the case. Kalshi's surveillance system flagged unusual trades in 'mention markets' tied to specific words in Trump's speeches, leading to an internal investigation that froze over $90,000 in Perez's accounts. White House press secretary Karoline Leavitt confirmed the leave, calling the situation 'deeply unfortunate' and 'a disgrace.' Perez, who earns $175,000 annually, is cooperating with the CFTC. The case is among the highest-profile allegations of insider trading on prediction markets, which have grown rapidly in popularity.
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Trump's Teleprompter Operator Suspended for Betting on President's Speeches
The White House has suspended Gabriel Perez, President Donald Trump's longtime teleprompter operator, after he allegedly earned over $100,000 by betting on specific words, phrases, and topics in Trump's speeches on the prediction platform Kalshi. Perez, who had operated the teleprompter since 2016, placed bets on Trump's address at the World Economic Forum in Davos in January and his State of the Union speech in February. White House spokesperson Karoline Leavitt stated that Trump considers the incident 'extremely regrettable and, frankly, a disgrace,' and that Perez has been placed on unpaid leave and will no longer work at the White House. Kalshi informed the US regulatory authority CFTC about suspicious activities and froze more than $90,000 of the winnings before Perez could withdraw them. The incident is further complicated by the fact that Donald Trump Jr., the president's son, has been an advisor at Kalshi since January 2025.
White House Teleprompter Operator Bet on Trump Speeches, Kalshi Says
A White House teleprompter operator has been placed on unpaid leave after allegations that he made over $100,000 betting on Donald Trump's speeches through the prediction market platform Kalshi. The operator, whose identity has not been publicly disclosed, is accused of using non-public information about the timing and content of Trump's speeches to place bets. Kalshi reported the activity to authorities, and the operator is now under investigation for potential insider trading. The incident has raised concerns about security and ethics within the White House, as the operator had access to sensitive information. Multiple news outlets, including The New York Times, BBC, CNN, and Business Insider, have covered the story, highlighting the seriousness of the allegations.
Trump Teleprompter Operator Suspended for Allegedly Betting on President's Speeches Using Insider Information
Gabriel Perez, President Donald Trump's longtime teleprompter operator, has been placed on unpaid leave amid a federal investigation by the Commodity Futures Trading Commission (CFTC). Perez is accused of using insider knowledge of Trump's speeches to place bets on the prediction market Kalshi, earning over $100,000 over three months. The alleged bets included wagers on the State of the Union address, a World Economic Forum speech, and a Medal of Honor ceremony. Perez reportedly adjusted bets mid-speech when Trump deviated from the script. Kalshi flagged the suspicious activity to the CFTC, and Perez is reportedly in settlement talks. The White House called the behavior 'deeply unfortunate' and a 'disgrace.' Federal regulators are considering banning Perez from similar trades and requiring him to return profits. The case highlights growing scrutiny of insider trading on prediction markets, with recent Senate action banning senators from such trading.
Kalshi Flags Suspicious Trump Speech Bets, Teleprompter Operator in CFTC Talks
Prediction market platform Kalshi announced it flagged suspicious trades on President Trump's speeches to federal regulators, which are reportedly linked to Gabriel Perez, Trump's longtime teleprompter operator. ABC News reported that Perez, first hired by Trump in 2016, is in settlement talks with the Commodity Futures Trading Commission (CFTC) over the matter. The case highlights potential insider trading concerns involving access to non-public information about Trump's speech events. Kalshi's proactive flagging of the trades underscores its compliance efforts with federal oversight. The CFTC's involvement suggests possible regulatory action against Perez for trading on privileged information.
Trump Teleprompter Operator Made $100K Betting on Speeches, Sparks CFTC Probe
Gabriel Perez, a White House teleprompter operator who has worked for President Trump since 2016, allegedly made over $100,000 betting on Trump's speeches on the prediction market Kalshi. The Commodity Futures Trading Commission (CFTC) investigated after Kalshi flagged suspicious activity on its 'Mentions' market, which allows bets on whether specific words or phrases appear in public speeches. Perez, who is typically the last person to see Trump's prepared speeches and handles last-minute edits, allegedly changed his bets mid-speech when Trump skipped certain words. He acknowledged the trades to regulators. Federal prosecutors in New York declined to pursue a criminal investigation, and the CFTC is reportedly willing to settle, allowing Perez to return profits and refrain from future bets. The White House stated it expects staff to follow strict ethics guidelines and noted Perez is cooperating. The article also notes a separate case of a special forces soldier charged with using confidential intelligence to win $400,000 on Polymarket.
White House Teleprompter Operator Made $100K Betting on Trump Speeches
A White House teleprompter operator, Gabriel Perez, allegedly made over $100,000 betting on President Trump's speeches using inside knowledge. Perez, who has operated Trump's teleprompter since 2016, placed bets on Kalshi's 'Mentions' market, which allows wagers on specific words or topics in public speeches. The Commodity Futures Trading Commission (CFTC) investigated after Kalshi flagged suspicious activity. Investigators found Perez changed bets mid-speech when Trump skipped words. Perez acknowledged the trades, but federal prosecutors in New York declined to pursue criminal charges. The CFTC is reportedly willing to settle, allowing Perez to return profits and refrain from future bets. The White House had warned staffers against prediction market betting in late March. The article also notes a similar case where a special forces soldier used confidential intelligence to win $400,000 on Polymarket.
White House Teleprompter Operator Made $100K Betting on Trump Speeches
Gabriel Perez, a White House teleprompter operator who has worked for President Trump since 2016, allegedly made over $100,000 by betting on Trump's speeches using inside knowledge. Perez placed bets on Kalshi's 'Mentions' market, which allows wagers on whether specific words or phrases appear in public speeches. The prediction market flagged the suspicious activity to the Commodity Futures Trading Commission (CFTC). Investigators found Perez would change his bets mid-speech after Trump skipped certain words. Perez acknowledged the trades and is cooperating with investigators. The CFTC is reportedly willing to settle, allowing Perez to return profits and refrain from future betting. Federal prosecutors in New York declined to pursue criminal charges. The White House had warned staffers in March against betting on prediction markets.
Trump Teleprompter Operator Under Investigation for Insider Betting on Speeches
Gabriel Perez, President Donald Trump's longtime teleprompter operator, is under federal investigation by the Commodity Futures Trading Commission (CFTC) for allegedly using insider information to bet on the content of Trump's speeches. According to ABC News, Perez reportedly made over $100,000 by trading on prediction market Kalshi, betting on Trump's State of the Union address and more than a dozen other speeches. The suspicious activity was flagged by Kalshi itself, which alerted regulators. Perez is reportedly in talks to settle the allegations. The case highlights ongoing concerns about insider trading in political prediction markets.