Did He Use Trump’s Speeches for Betting? Scandalous Allegations Against 10-Year Employee

Gabriel Perez, who has served as Donald Trump’s teleprompter operator for nearly 10 years, is accused of using confidential information about the president’s speech scripts to generate illicit profits in prediction markets.

While prediction markets have reached massive popularity worldwide, integrity debates on these platforms have taken on a new dimension with “next-generation manipulation” allegations. According to information shared by ABC News, Gabriel Perez used advance knowledge of the content of Trump’s upcoming speeches to place bets on the Kalshi platform. These allegations, which fall under the scope of insider trading, came to light through negotiations with the Commodity Futures Trading Commission (CFTC).

According to the allegations, Perez targeted critical moments over a three-month period, such as the World Economic Forum in Davos and State of the Union addresses. It is claimed that when Trump deviated from the script, the operator noticed these deviations instantly and withdrew his bets mid-speech. While these suspicious transactions detected by Kalshi’s security team were reported to regulators, White House officials maintain that the institution has strict ethical rules.

Trust Crisis in Prediction Markets and Regulatory Steps

This incident is not the first case of abuse in prediction markets; it was previously revealed that a Google engineer used search data to earn $1.2 million via Polymarket, and a U.S. soldier placed bets using classified information. The complex and volatile nature of price charts in these markets makes auditing such technical manipulations difficult. The CFTC has not yet shared an official confirmation or denial regarding the ongoing process.

Following these developments, the U.S. Congress has introduced legislative proposals to prevent public officials from betting on government policies. While the Senate has banned its own members from trading on these platforms, platforms like Polymarket and Kalshi are implementing new security measures to prevent insider trading cases. The future of prediction markets seems to depend on how effectively such manipulations can be prevented.