Gabriel Perez, President Donald Trump's longtime teleprompter operator, is under investigation by federal regulators for potential insider trading on prediction market platform Kalshi. According to multiple reports, Perez allegedly made nearly $100,000 by betting on what words or phrases Trump would say during public events.
Key Takeaways
The Commodity Futures Trading Commission (CFTC) is investigating Gabriel Perez, President Trump's longtime teleprompter operator, for potential insider trading on prediction market platform Kalshi. According to sources familiar with the matter, Perez allegedly made nearly $100,000 by betting on what words or phrases Trump would say during public events.
- CFTC investigates Gabriel Perez for alleged insider trading on Kalshi
- Perez reportedly made nearly $100,000 from bets on Trump's speeches
- Kalshi flagged suspicious activity and referred the matter to the CFTC
- Perez is currently on unpaid leave from the White House
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▼Source Claims Check
1 Difference FoundAll 4 publishers report consistent facts across 2 key claims. 1 point of difference noted.
| Claim | Status | Reason | |
|---|---|---|---|
| Profits Made By Perez | 1 Difference | Majority reports $90,000; NPR and UPI say $100,000. | ▼ |
| Insider Trading Investigation | Broad Agreement | CFTC investigates Perez for insider trading on Kalshi. | |
| Perez's Employment Status | Broad Agreement | Perez is on unpaid leave from the White House. |
Profits Made By Perez
▼Majority reports $90,000; NPR and UPI say $100,000.
Insider Trading Investigation
Broad AgreementCFTC investigates Perez for insider trading on Kalshi.
Perez's Employment Status
Broad AgreementPerez is on unpaid leave from the White House.
This analysis is AI-generated and may not perfectly represent each source's reporting. Always read the original articles for full context.
Kalshi identified the suspicious trading activity through its customer onboarding and market surveillance processes. The company's enforcement head, Robert DeNault, stated that their surveillance team promptly flagged and referred these trades to the Commodity Futures Trading Commission (CFTC). Kalshi froze Perez's account, retaining almost all of his profits.
Perez has been fully cooperating with the CFTC on this matter. White House press secretary Karoline Leavitt confirmed that Perez is currently on unpaid leave and will no longer be working at the White House. The investigation was first reported by ABC News, with other outlets including NPR, UPI, and CNBC providing additional details.
Prediction markets like Kalshi allow users to trade contracts tied to future events, including public speeches. These platforms have faced regulatory scrutiny over concerns about insider trading and market manipulation. The CFTC cannot confirm or deny the investigation, but sources familiar with the matter provided insights into the ongoing probe.
How this summary was created
This summary synthesizes reporting from 4 independent publishers using AI. All sources are cited and linked below. NewsBalance is a news aggregator and media literacy tool, not a news publisher. AI-generated content may contain errors or inaccuracies — always verify important information with the original sources.