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White House teleprompter operator Gabriel Perez was placed on unpaid administrative leave on Thursday after allegedly using inside knowledge of President Donald Trump's prepared remarks to win more than $100,000 on the prediction market platform Kalshi.

Kit Maher

White House teleprompter operator Gabriel Perez was placed on unpaid administrative leave on Thursday after allegedly using inside knowledge of President Donald Trump's prepared remarks to win more than $100,000 on the prediction market platform Kalshi.

Perez, who has operated Trump's teleprompter since 2016 and earned $175,000 annually as a deputy assistant to the president, is in settlement talks with the Commodity Futures Trading Commission (CFTC) over bets placed on more than a dozen Trump speeches.

Perez, who has operated Trump's teleprompter since 2016 and earned $175,000 annually as a deputy assistant to the president, is in settlement talks with the Commodity Futures Trading Commission (CFTC) over bets placed on more than a dozen Trump speeches.

The bets were placed on Kalshi's "Mentions" market, where users wager on whether specific words, phrases or topics will be spoken during public events. Speeches involved included <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/trump-delivers-longest-state-of-union-speech-in-years">the February State of the Union</a>, <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.verity.news/story/2026/trump-demands-greenland-talks-warns-europe-at-davos">a January address at the World Economic Forum in Davos</a> and a March Medal of Honor ceremony.

The bets were placed on Kalshi's "Mentions" market, where users wager on whether specific words, phrases or topics will be spoken during public events. Speeches involved included the February State of the Union, a January address at the World Economic Forum in Davos and a March Medal of Honor ceremony.

Kalshi's surveillance systems detected unusual trading patterns linked to Perez's account, identified him as a federal employee and froze more than $90,000 in profits before any withdrawal could be made, after which the company referred the case to the CFTC.

Kalshi's surveillance systems detected unusual trading patterns linked to Perez's account, identified him as a federal employee and froze more than $90,000 in profits before any withdrawal could be made, after which the company referred the case to the CFTC.

Federal prosecutors in Manhattan declined to open a criminal investigation into Perez. Regulators at the CFTC have discussed settlement terms that would require him to return his profits and refrain from placing similar trades.

Federal prosecutors in Manhattan declined to open a criminal investigation into Perez. Regulators at the CFTC have discussed settlement terms that would require him to return his profits and refrain from placing similar trades.

The White House issued an internal memo in March warning staff against using nonpublic information to place bets on prediction markets. White House spokesperson Davis Ingle stated the White House has "strict ethics guidelines that we expect all staffers and officials to follow."

The White House issued an internal memo in March warning staff against using nonpublic information to place bets on prediction markets. White House spokesperson Davis Ingle stated the White House has "strict ethics guidelines that we expect all staffers and officials to follow."

A White House teleprompter operator abused his privileged access to Trump's speeches to profit on prediction markets, a disgraceful betrayal of public trust. Gabriel Perez, who earned $175,000 a year as a deputy assistant to the president, allegedly exploited insider knowledge to bet on "mention markets" even after the White House warned staff in March that doing so could be criminal. He's now rightfully on unpaid leave and facing a CFTC investigation.

A White House teleprompter operator abused his privileged access to Trump's speeches to profit on prediction markets, a disgraceful betrayal of public trust. Gabriel Perez, who earned $175,000 a year as a deputy assistant to the president, allegedly exploited insider knowledge to bet on "mention markets" even after the White House warned staff in March that doing so could be criminal. He's now rightfully on unpaid leave and facing a CFTC investigation.

Pro-establishment narrative

The real scandal here is that the Trump family is deeply entangled in the prediction market industry, which it refuses to regulate. Donald Trump Jr. serves as a paid advisor to Kalshi and an unpaid advisor to Polymarket while spearheading Truth Predict, all as Trump complains the world has become "a casino" but does nothing to rein it in. In that environment, who can blame Perez for playing the odds?

The real scandal here is that the Trump family is deeply entangled in the prediction market industry, which it refuses to regulate. Donald Trump Jr. serves as a paid advisor to Kalshi and an unpaid advisor to Polymarket while spearheading Truth Predict, all as Trump complains the world has become "a casino" but does nothing to rein it in. In that environment, who can blame Perez for playing the odds?

White House Teleprompter Operator Suspended Over Betting Allegations

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White House Teleprompter Operator Suspended Over Betting Allegations

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