White House teleprompter operator accused of making $100k off Trump speech bets
Kalshi flagged the trades and froze about $90,000 in profits as regulators weigh a settlement that could bar similar bets.
- A longtime White House teleprompter operator has been placed on unpaid leave following federal allegations that he used advance knowledge of President Trump's speeches to make over $100,000 on online prediction markets.
- Gabriel Perez, who has managed Trump's teleprompter since 2016, is under investigation by the Commodity Futures Trading Commission for utilizing draft speeches to place wagers on the platform Kalshi.
- The bets targeted Kalshi’s "Mentions" market, where users wager on whether a public speaker will use specific words, phrases, or topics. Perez allegedly bet on more than a dozen addresses, including the State of the Union, a Davos summit speech, and a Medal of Honor ceremony.
- Perez reportedly monitored and adjusted his bets in real time during live broadcasts, sometimes exiting positions early when Trump deviated from the prepared teleprompter text to go off-script.
- The activity was flagged by Kalshi's internal surveillance team, which subsequently froze his account, secured roughly $90,000 to $100,000 in trading profits, and referred the case to federal regulators.
156 Articles
156 Articles
Gabriel Perez earned over $100,000 by focusing on presidential speeches through Kalshi, who reported suspicious activity to the supervisory authorities.
Trump’s teleprompter operator under probe over potential insider trading, sources say | Honolulu Star-Advertiser
President Donald Trump’s longtime teleprompter operator Gabriel Perez is under investigation by federal regulators over potential insider trading on prediction market platform Kalshi, according to two sources familiar with the matter.
Trump suspends teleprompter operator for allegedly betting on speeches
US President Donald Trump has suspended a teleprompter operator over allegations he placed bets with a prediction market on the content of Trump's speeches, the White House said Thursday. The post Trump suspends teleprompter operator for allegedly betting on speeches appeared first on Vanguard News.
Trump teleprompter operator suspended over speech betting allegations
US media had reported that Gabriel Perez, who has been operating Trump’s teleprompter since 2016, used his inside knowledge to win more than $100,000 (€85,900) betting on what the president would say in big speeches.
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