The Commodity Futures Trading Commission (CFTC) is investigating after Kalshi personnel admitted that President Donald Trump’s teleprompter operator won around $100,000 trading on Kalshi on what Trump’s speeches would include.
The CFTC is looking into the case where Trump's teleprompter operator, Gabriel Perez, allegedly bet on over a dozen of Trump's speeches on the prediction platform Kalshi. This comes after reports from various media outlets, including ABC News, highlighted the situation.
Perez's bets reportedly revolved around predicting the content of Trump's speeches, leading to significant winnings. The investigation aims to determine the legality and potential consequences of such actions within the trading environment.