Trump’s teleprompter operator allegedly made more than $100,000 on Kalshi
Donald Trump’s longtime teleprompter operator has been accused of using nonpublic information to place bets on Kalshi. He is now discussing a potential settlement with federal regulators.
According to ABC News, technical specialist Gabriel Perez, who has operated Trump’s teleprompter since 2016, placed bets on more than a dozen markets linked to the president’s speeches. His alleged profits exceeded $100,000.
Kalshi detected the suspicious activity through its internal monitoring system and referred the trades to the U.S. Commodity Futures Trading Commission (CFTC).
The bets were placed in the Mentions section. These markets allow users to predict whether certain words, phrases or topics will appear in a public speech.
According to ABC sources, Perez sometimes closed his positions while speeches were still underway. This happened when Trump skipped prepared passages containing words that Perez had bet would be mentioned.
Regulators reportedly identified trades linked to more than a dozen speeches over a period of about three months. These included the president’s address to Congress and his remarks at the World Economic Forum.
After the report was published, the White House placed Perez on unpaid administrative leave. Press secretary Karoline Leavitt said Trump had called the alleged conduct a “disgrace.”
Challenges facing prediction markets
Prediction markets are increasingly facing restrictions in many countries. Authorities often view them as unlicensed gambling platforms, while insider trading and the ability to directly influence event outcomes have become additional concerns. Because of these risks, some countries block access to such platforms or require them to obtain special licenses.
One notable case occurred in France. In April 2026, weather service Météo-France contacted police after suspicious temperature spikes were recorded by a sensor at Charles de Gaulle Airport. At the same time, unidentified users placed profitable bets on Polymarket and made tens of thousands of dollars. It is believed that someone may have heated the sensor with a hair dryer or another heat source to manipulate the readings and influence the settlement of the bets.
In June, Kalshi’s trading volume reached a record high, driven by the FIFA World Cup.
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