Bullish

White House Operator Exits Federal Role Over $100K Kalshi Betting Allegations

2026-07-29 16:23:12

Gabriel Perez leaves federal service amid claims of using non-public info for $100K+ Kalshi profits. CFTC notified after platform flagged suspicious trades.

Woofun AI reports that Gabriel Perez, a former White House teleprompter operator, is no longer employed by the U.S. federal government. A White House official confirmed on Tuesday that Perez was placed on unpaid leave earlier this month but did not specify if he resigned or was terminated.

Perez faces accusations of utilizing non-public information to generate over $100,000 in profits through bets on the Kalshi prediction market concerning speeches by U.S. President Donald Trump. Kalshi's monitoring team identified suspicious trading activity and reported the incident to the U.S. Commodity Futures Trading Commission (CFTC). Kalshi's platform rules strictly prohibit trading based on information obtained through employment.

WOOFUN AI

Impact Assessment · Quick Read

The case highlights regulatory scrutiny on prediction markets regarding insider information misuse. With the CFTC involved, this may prompt stricter compliance checks across platforms like Kalshi. It underscores risks for users leveraging non-public data, potentially tightening operational guidelines for similar services.
Generated by WOOFUN AI · For reference only, not investment advice

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