White House teleprompter operator accused of making $100k off Trump speech bets
Kalshi said its surveillance team flagged the trades and froze the account after the operator allegedly won more than $100,000 on Trump speech markets.
- 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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"A Shame: Trump's Confidant Is Said to Have Earned over $100,000 with Speeches From the US President
An employee in the White House is said to have bet on Trump's speeches with insider knowledge and earned over $100,000 – now he's suspended.
He is being investigated for allegedly betting on Internet predictive markets on the content of the president's addresses and earning almost $100,000.
Gabriel Perez is suspected of placing a bet on a prediction market called Kalshi on specific words or phrases that Trump would use in his speeches.
The man who operates the telepronter system that US President Donald Trump employs to deliver speeches is being investigated for allegedly betting on Internet predictive markets on the content of the president's speeches and earning almost $100,000.He has been fired.Keep reading...
A White House employee is said to have collected tens of thousands of dollars on betting platforms with preliminary information on Donald Trump's speeches.
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