White House teleprompter operator accused of making $100k off Trump speech bets
Kalshi froze the account after suspicious trades, and investigators say Perez won more than $100,000 by betting on Trump’s prepared remarks.
- 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.
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Gabriel Perez, a White House teleprompter operator, is under investigation by the CFTC after earning more than $100,000 betting on Trump speeches in Kalshi.
The teleprompter machine that President Trump reads from during his speeches was operated by Gabriel Perez, who was the machine operator. Because of this, Gabriel knew exactly what President Trump was going to say. Following these allegations, Gabriel has been placed on unpaid leave.
White House insists it has 'extremely strict ethical guidelines' as teleprompter op goes on unpaid leave over $100,000 insider trading allegations
A longtime aide is on unpaid leave after Kalshi flagged trades tied to presidential speeches and referred them to the CFTC.
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