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Teleprompter operator made nearly $100K betting on Trump speeches

Teleprompter operator made nearly $100K betting on Trump speeches

Summary

A White House teleprompter operator named Gabriel Perez made nearly $100,000 by betting on words in President Trump’s speeches using an online platform called Kalshi. Kalshi froze his account after finding unusual trading patterns and referred the case to a federal agency, the Commodity Futures Trading Commission (CFTC), which is investigating.

Key Facts

  • Gabriel Perez worked as a teleprompter operator in the White House.
  • He placed bets on Kalshi, a prediction market platform, about words said in President Trump’s speeches.
  • Perez earned nearly $100,000 from these bets.
  • Kalshi's surveillance team noticed his trades were unusual and froze his account, holding back most of his earnings.
  • Kalshi reported the activity to the CFTC, the government agency that regulates prediction markets.
  • Perez has cooperated fully with the CFTC and is in talks about a possible settlement.
  • White House Press Secretary Karoline Leavitt said Perez is on unpaid leave.
  • President Trump called the situation “deeply unfortunate” and said Perez is cooperating with regulators.
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