White House teleprompter operator Gabriel Perez leaves government after insider trading allegations on Kalshi prediction market using advance Trump speech knowledge.
Regulation & Gov ·
Gabriel Perez, a White House teleprompter operator, has departed his federal government role following allegations that he wagered more than $100,000 on Kalshi prediction markets using advance knowledge of President Trump's speeches. The White House suspended Perez after reports he profited from bets tied to major addresses including the State of the Union, with officials calling the conduct "deeply unfortunate." Kalshi's enforcement team detected the trades, investigated, and escalated the matter to the US Commodity Futures Trading Commission. A federal judge separately blocked Minnesota from enforcing a law banning prediction markets, ruling it likely conflicts with federal commodity regulations.