White House teleprompter technician exits federal role amid Kalshi betting scandal: AP
Federal employee Gabriel Perez, who faced allegations of using privileged information to profit from prediction market wagers on Donald Trump's presidential addresses, has departed his government position.
An individual who operated the teleprompter for President Donald Trump at the White House and who faced accusations of leveraging insider information to earn profits through prediction market wagers on the president's public addresses has departed from federal employment, the Associated Press has confirmed.
According to a White House official who spoke on Tuesday, Gabriel Perez, who had previously been suspended without pay earlier in the month, has ended his employment with the federal government, though the official would not confirm whether his departure was voluntary or the result of termination.
The allegations against Perez centered on his purported use of confidential, nonpublic information to generate profits exceeding $100,000 through wagers placed on Kalshi prediction markets that were linked to speeches delivered by Trump, as previously detailed in a report by ABC News.
The suspicious pattern of trading behavior was identified by Kalshi's internal surveillance team, which subsequently forwarded the case to the US Commodity Futures Trading Commission for investigation. The platform maintains strict policies that forbid users from placing trades based on privileged information acquired through their professional roles.