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The Independent UK
The Independent UK
National
Ariana Baio

White House teleprompter operator put on leave for betting on Trump’s speeches

White House Donald Trump CFTC
  • Gabriel "Gabe" Perez, a teleprompter operator for President Donald Trump , has been placed on unpaid administrative leave amid allegations of insider trading.
  • Perez is accused of winning over $100,000 by betting on the content of Trump's speeches using his advance knowledge on the prediction market platform Kalshi .
  • The Commodity Futures Trading Commission (CFTC) is investigating Perez after Kalshi reported suspicious activity, and Perez has reportedly acknowledged some of the trades.
  • Trump's press secretary confirmed Perez's leave and compliance with the CFTC, stating that Trump found the situation "deeply unfortunate and frankly a disgrace."
  • The incident underscores broader concerns among regulators and lawmakers regarding insider trading in prediction markets, leading to discussions about new legislation and internal warnings within the White House .

IN FULL

White House teleprompter operator made more than $100,000 betting on Trump’s speeches, report says

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