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
Gabriel Perez, President Trump's longtime teleprompter operator, is under investigation for potential insider trading on prediction market platform Kalshi. He allegedly made nearly $100,000 by betting on what words or phrases Trump would say during public events.
- Federal regulators are investigating Gabriel Perez for alleged insider trading via Kalshi bets
- Perez earned almost $100,000 from predictions based on advance knowledge of Trump speeches
- White House placed Perez on unpaid leave; he will no longer work at the White House
- Kalshi froze Perez's account and referred suspicious trades to CFTC
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▼Source Claims Check
1 Difference FoundAll 7 publishers report consistent facts across 2 key claims. 1 point of difference noted.
| Claim | Status | Reason | |
|---|---|---|---|
| Amount Earned | 1 Difference | HuffPost and The Guardian say $100,000; one source cited by CNN says $90,000 | ▼ |
| Speeches Bet On | Broad Agreement | $100,000 from bets on Trump speeches including State of the Union and Medal of Honor ceremony | |
| Account Status | Broad Agreement | Kalshi froze Perez's account retaining almost all profits |
Amount Earned
▼HuffPost and The Guardian say $100,000; one source cited by CNN says $90,000
Speeches Bet On
Broad Agreement$100,000 from bets on Trump speeches including State of the Union and Medal of Honor ceremony
Account Status
Broad AgreementKalshi froze Perez's account retaining almost all profits
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 CBS News, NPR, UPI, 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 7 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.