Trump's teleprompter operator on unpaid leave over alleged Kalshi bets on Trump speeches
Summary
President Donald Trump's teleprompter operator, Gabriel Perez, is on unpaid leave after reports said he used his inside knowledge to place bets on what the president would say in speeches on the online market Kalshi. Kalshi alerted federal regulators about the bets, which may violate ethical rules about using job information for betting.Key Facts
- Gabriel Perez has operated President Trump's teleprompter since 2016.
- Perez allegedly used knowledge from his job to win over $100,000 betting on Trump's speeches.
- The betting took place on Kalshi, an online prediction market that allows betting on speech phrases.
- Kalshi’s enforcement team flagged and reported the suspicious activity to the U.S. Commodity Futures Trading Commission.
- The White House said Perez is on unpaid leave and emphasized strict ethical rules.
- Kalshi requires users to disclose their jobs and forbids bets based on inside information.
- President Trump is aware of the situation and his spokesperson called it "unfortunate" and "a disgrace."
- Trump has reported making significant profits from his crypto and business ventures according to ethical disclosures.
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