White House teleprompter operator accused of making $100k off Trump speech bets
Gabriel Perez allegedly used advance access to Trump’s remarks to win more than $100,000 on Kalshi before regulators froze his account.
- 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.
323 Articles
323 Articles
If the boss scores billions, the business idea is close: an employee bet Kalshi on the US president's speeches.
Trump's teleprompter operator placed on unpaid leave for betting on his speeches
The White House put Donald Trump's teleprompter operator Gabriel Perez on unpaid leave after allegations that he used advance access to speeches for Kalshi bets. The case has triggered a CFTC investigation, while settlement talks and ethics questions continue.
Los Angeles Times
Independent EspañolPresident Donald Trump's teleprompter operator is on unpaid leave, amid reports that he used his knowledge of the president's speeches to place bets on the Kalshi predictions market, the White House reported on Thursday.
Trump's Teleprompter Operator Under Federal Probe over Possible Insider Trading: White House
Get latest articles and stories on World at LatestLY. The White House on Thursday (local time) confirmed that US President Donald Trump's long-time teleprompter operator is under a federal investigation over alleged insider trading on a prediction market platform, noting that the individual has been placed on unpaid administrative leave. World News | Trump's Teleprompter Operator Under Federal Probe over Possible Insider Trading: White House.
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