AI Generated Image
White House Teleprompter Operator Bet on Trump Speeches, Kalshi Says
The New York Times • • general
Key Points:
- A White House teleprompter operator, Gabriel Perez, allegedly used insider knowledge of President Trump's speeches to win approximately $100,000 by betting on the prediction market Kalshi.
- Perez placed wagers on common words expected to appear in Trump's speeches, such as country names and economic terms, raising suspicions of insider trading.
- Kalshi detected unusual trading patterns in March, froze Perez's account funds, and referred the case to the Commodity Futures Trading Commission (CFTC) for investigation.
- Perez is reportedly cooperating with federal regulators and is in discussions to settle the allegations, while Kalshi has provided evidence to authorities.
- The CFTC declined to confirm or deny an investigation, and Perez has not responded to requests for comment.
