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.
413 Articles
413 Articles
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.
Kalshi hands over Trump’s teleprompter operator to the feds. Here’s why
President Donald Trump’s teleprompter operator is on unpaid leave after reports that he used his inside knowledge to make bets about the president’s speeches on the online prediction market Kalshi, the White House said Thursday.The firm’s enforcement chief said Kalshi contacted federal regulators about bets allegedly made about what the president would say in public addresses.White House press secretary Karoline Leavitt said the president is awa…
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A White House official will have taken advantage of privileged access to presidential speeches to profit from online bets. The case involves Donald Trump's teleprompter operator, who eventually got away from the...
Trump Aide Turned His Boss's Speeches Into $100K Winnings: President Calls Betting Scheme a 'Disgrace'
A White House teleprompter operator has been placed on unpaid leave after federal regulators accused him of winning more than $100,000 (£75,000) by betting on the contents of Donald Trump's speeches. The president called the alleged conduct 'deeply unfortunate and frankly a disgrace,' his press secretary said. The operator is Gabriel Perez, a technical assistant who has run Trump's teleprompter since the 2016 campaign. Investigators at the Commo…
He had Trump's speeches before anyone else. Investigators say he bet on them
A longtime White House teleprompter operator has been placed on unpaid administrative leave after investigators alleged he used advance access to President Donald Trump's speeches to place profitable bets on what the president would say. Gabriel Perez, a technical assistant who has worked with Trump since the 2016 campaign, is accused of wagering on whether specific words and phrases would appear in more than a dozen presidential speeches. Feder…
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