Kalshi says it’s working with feds over $100K Trump teleprompter speech bets
Summary
Kalshi, a prediction market platform, alerted federal regulators about unusual trades linked to President Trump’s speeches. These trades appear connected to Gabriel Perez, the person who manages President Trump’s teleprompter and is in talks to settle with the Commodity Futures Trading Commission.Key Facts
- Kalshi is a prediction market platform where people can bet on future events.
- It noticed suspicious trading activity related to bets on President Trump’s speeches.
- These trades seem connected to Gabriel Perez, who handles President Trump’s teleprompter since 2016.
- Gabriel Perez is currently in settlement discussions with the Commodity Futures Trading Commission (CFTC).
- The CFTC is a federal agency that regulates markets involving futures and options.
- Kalshi informed federal regulators about these suspicious trades.
- The matter concerns trading worth about $100,000 on President Trump’s speeches.
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