Kalshi has accused Donald Trump’s teleprompter operator, Gabriel Perez, of insider trading, claiming he made over $100,000 by betting on Kalshi markets concerning Trump’s speeches. Federal investigators are reviewing the matter, while the CFTC has been informed and discussions are ongoing regarding potential resolutions.
Kalshi users were reportedly at a disadvantage against Trump’s teleprompter operator, Gabriel Perez, who is accused of insider trading. He allegedly used confidential information to place bets on Trump’s speeches through Kalshi, a prediction market platform.
Perez is said to have bet successfully on what Trump would say during multiple events, including high-profile addresses such as the State of the Union. His total earnings from these bets reportedly exceed $100,000.
Kalshi reported the trades to the Commodity Futures Trading Commission (CFTC) after flagging them during an internal investigation. The CFTC has been involved in discussions regarding a potential settlement, which may include Perez returning his earnings.
While the CFTC has acknowledged ongoing discussions, it has not confirmed any details about an investigation. Federal prosecutors have decided not to pursue criminal charges against Perez, despite the serious nature of the accusations.
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Kalshi has accused Donald Trump’s teleprompter operator, Gabriel Perez, of insider trading, claiming he made over $100,000 by betting on Kalshi markets concerning Trump’s speeches. Federal investigators are reviewing the matter, while the CFTC has been informed and discussions are ongoing regarding potential resolutions.