White House Teleprompter Operator Reportedly Under Federal Investigation Over Kalshi Bets
A White House teleprompter operator is reportedly under investigation by federal regulators over allegations that they placed bets on the prediction market platform Kalshi using nonpublic knowledge of President Donald Trump’s upcoming speeches.
According to multiple reports, investigators are examining whether advance access to the president’s prepared remarks was used to place profitable wagers on markets tied to words or phrases Trump would say during public appearances. (ABC7 New York)
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Investigation Centers on Speech-Related Bets
The individual under scrutiny is Gabriel Perez, a longtime teleprompter operator and technical assistant to President Trump.
Sources told ABC News that Perez allegedly placed bets on Kalshi’s “Mentions” markets—where users can wager on whether certain words or topics will appear in a speech—and is in settlement talks with federal regulators. The reported winnings exceeded $100,000. (ABC7 New York)
Kalshi Reportedly Flagged the Activity
Kalshi said its internal surveillance systems identified unusual trading activity and referred the matter to the Commodity Futures Trading Commission (CFTC).
The company stated that it is cooperating with regulators as the investigation continues. A White House spokesperson also said the staff member is cooperating with the inquiry. (ABC7 New York)
Broader Concerns Over Prediction Markets
The case comes amid growing scrutiny of prediction market platforms and the potential misuse of insider information.
In recent months, U.S. lawmakers have launched inquiries into whether platforms such as Kalshi and Polymarket have adequate safeguards to detect and prevent insider trading. (House Oversight Committee)
Bottom Line
Federal regulators are reportedly investigating allegations that a White House teleprompter operator used advance knowledge of President Trump’s speeches to place profitable bets on Kalshi. The investigation adds to broader concerns about insider trading risks on prediction market platforms.
Tags: Donald Trump, White House, Kalshi, Prediction Markets, CFTC, Politics, Business News, Breaking News, Kalshi, White House teleprompter, Gabriel Perez, Donald Trump, prediction markets, CFTC, insider trading, Trump speeches
