Teleprompter operator made more than $100K betting on Trump's speeches: Sources
Summary
Gabriel Perez, who operates President Donald Trump's teleprompter, is under investigation for making over $100,000 betting on the content of Trump's speeches. Federal regulators from the Commodity Futures Trading Commission are discussing a settlement with Perez after suspicious betting activity was reported by the prediction market Kalshi.Key Facts
- Gabriel Perez has operated President Trump's teleprompter since 2016.
- Perez allegedly made more than $100,000 by betting on Trump's speeches using insider knowledge.
- Betting occurred on Kalshi’s "Mentions" market, where people bet on whether specific words or topics appear in public speeches.
- Kalshi reported the suspicious bets to the Commodity Futures Trading Commission (CFTC).
- Perez is cooperating with federal regulators and is currently in settlement talks.
- The White House reminded staff not to use private information for betting after these incidents.
- Perez has been involved in controlling and editing many of Trump's prepared speeches, including some with last-minute changes by the president.
- President Trump often speaks off-script, making it harder to predict his exact words.
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