Teleprompter operator accused of betting on Trump speeches is out of a job
Summary
A White House teleprompter operator, Gabriel Perez, was suspended and then removed from his federal job after reports said he used his inside knowledge to bet more than $100,000 on President Donald Trump’s speeches. The betting took place on an online prediction market called Kalshi, which prohibits gambling on information gained through work.Key Facts
- Gabriel Perez worked as a teleprompter operator at the White House.
- He was placed on unpaid leave after reports of betting on President Trump’s speeches.
- Perez allegedly used inside information to win money on the Kalshi betting platform.
- He won more than $100,000 betting on phrases and words used in speeches, including the State of the Union address.
- Kalshi flagged and reported the suspicious trades to the U.S. Commodity Futures Trading Commission.
- Perez no longer works for the federal government; it is unclear if he resigned or was fired.
- White House press secretary called the insider betting reports a disgrace.
- Kalshi requires users to disclose their jobs and bans betting based on non-public work information.
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