A federal employee accused of using nonpublic information to profit from prediction market trades linked to Trump speeches is no longer with the government.
A White House teleprompter operator accused of profiting from $100,000 in Kalshi prediction market bets tied to President Donald Trump’s speeches has left federal employment. Gabriel Perez, placed on unpaid leave earlier this month, is no longer employed by the government, though officials did not disclose whether he resigned or was terminated.
Perez was alleged to have used nonpublic information to trade on Kalshi, a regulated prediction market platform. Kalshi’s surveillance team flagged the activity and referred the case to the US Commodity Futures Trading Commission. The platform prohibits trading on insider knowledge obtained through employment.
The incident follows a separate legal development where a US judge temporarily blocked a Minnesota ban on prediction markets, highlighting regulatory scrutiny in the sector.