Teleprompter operator accused of insider trading on speech bets
A teleprompter operator for Trump is under investigation for allegedly using inside information to profit from betting on speeches. Reports indicate significant earnings from these activities. (sources: theverge, bbc, independent, cbsnews, abcnews)
Gabriel Perez, a teleprompter operator, is accused of making over $100,000 by betting on the content of Trump's speeches. Federal investigators are looking into these claims.
- Gabriel Perez has been the teleprompter operator for Trump since 2016.
- Perez allegedly used insider knowledge to place bets on Kalshi, a prediction market.
- The earnings from these bets reportedly exceed $100,000.
Why it matters
The case raises questions about the integrity of betting markets and the potential misuse of insider information by individuals in government roles.
↓ Congress can act on this
4 bills on this issue are moving right now — and the most active one is HR7004: Public Integrity in Financial Prediction Markets Act of 2026.
HR7004 · 119th Congress
Public Integrity in Financial Prediction Markets Act of 2026
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About this bill
What HR7004 actually does
This story is about Kalshi says it caught Trump's teleprompter operator insider trading. This bill would ban covered federal officials and employees from using nonpublic government information to trade prediction-market.
If passed, it would:
- ban covered federal officials and employees from using nonpublic government information to trade prediction-market • create a clearer statutory hook for cases like staff or appointees betting on market-moving official events.
3 other bills moving on this issue
Take action on any of them individually.
This story is about Kalshi says it caught Trump's teleprompter operator insider trading. This bill would bar registered entities from offering sporting-event or casino-style gaming contracts.
If passed, it would
- bar registered entities from offering sporting-event or casino-style gaming contracts • narrow one route by which federally regulated event-betting products can resemble gambling markets.
This story is about Kalshi says it caught Trump's teleprompter operator insider trading. This bill would prohibit senior federal employees and their families from holding or trading covered securities, commodities.
If passed, it would
- prohibit senior federal employees and their families from holding or trading covered securities, commodities • require annual compliance certifications and GAO audits.
This story is about Kalshi says it caught Trump's teleprompter operator insider trading. This bill would force covered senior officials to divest covered financial interests, including commodities and derivative-like positions.
If passed, it would
- force covered senior officials to divest covered financial interests • apply those restrictions to top executive officials and certain family members.
Sources used · 5 sources