Gabriel Perez, a White House teleprompter operator since 2016, has been placed on unpaid administrative leave. He is accused of using insider knowledge of President Trump's speeches to place bets on the prediction market Kalshi, allegedly earning between $90,000 and $100,000. Kalshi flagged the irregular activity in March and referred the case to the Commodity Futures Trading Commission (CFTC), which is now investigating. The White House described the behavior as a disgrace.
Editor's Analysis
Missing perspectives include the legal defense or personal statement from Gabriel Perez and an analysis from prediction market experts on whether this incident indicates a systemic flaw in Kalshi's detection mechanisms.