ABC News reported on July 16 that a White House teleprompter operator took more than $100,000 from Kalci, betting on what President Donald Trump would say before the words left the stage.
Gabriel Perez has been running Trump’s teleprompter since 2016. He is now in settlement talks with the Commodity Futures Trading Commission (CFTC).
How Trump’s speech bets worked
Calci manages signals markets. Merchants Bet on whether a word or topic will come up In a public speech.
Perez had the script in his hands. Investigators say he bet on more than a dozen Trump speeches in three months, including the State of the Union address in February.
Its edge had one weak point. Trump often abandons his script, Perez claims Bets that came out mid-speech when the written words never came.
“You know, when you get up here, you take a huge opportunity, especially me because I’m on the teleprompter about 80 percent of the time,” Trump said in January. comments To the Detroit Economic Club.
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Investigators believe that Perez bet on this letter as well. Kalshi’s monitoring team discovered the pattern and reported it to the regulator.
“Our monitoring team immediately reported these trades and referred them to the CFTC, and we are cooperating and assisting regulators,” Bobby Denault, Calci’s head of enforcement, said in a statement.
Kalshi’s rules for insider trading face a tough test
Everything started Three market safety measures Just weeks ago, including risk registration and employment checks. Its own a report It says screening tools blocked more than 100 potential insider transactions in the first quarter of 2026. The same quarter brought in more than 150 investigations and more than 20 law enforcement referrals.
I have already adopted the platform Employer disclosure rules After the White House audit. The White House warned its staff in March against betting on inside information. However, Perez still runs Trump’s teleprompter today.
Manhattan prosecutors declined to file criminal charges. Alternatively, the Commodity Futures Trading Commission (CFTC) may settle. Perez will return his profits and stop similar trades.
It’s not the first. The Ministry of Justice says a Soldier in the US Army She turned $33,000 into nearly $410,000 on Polymarket using Maduro’s confidential information.
Even Wall Street is worried. Goldman Sachs recently Limited prediction bets for employees On Kalshi and Polymarket. The biggest question remains. Can placement checks beat the trader who reads the script before the market does?
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