Federal Investigation into White House Teleprompter Operator's Alleged Profiteering on Trump's Speeches
Federal regulators are investigating Gabriel Perez, a longtime teleprompter operator for President Trump, for allegedly profiting from insider information on the prediction market site Kalshi. Perez is accused of making nearly $100,000 by betting on 'mention markets,' where traders wager on specific words or phrases the president might say during public events. Kalshi's surveillance systems detected unusual betting patterns linked to Perez, leading to a freeze of his profits and a ban from the platform. The Commodity Futures Trading Commission is currently in settlement talks with Perez, who is on unpaid administrative leave.