Gabriel Perez, the teleprompter operator for Donald Trump, is no longer working for the U.S. federal government. He was accused of using confidential information to bet on the president's speeches via the Kalshi platform. His suspicious gains reportedly exceed $100,000.
Predictive markets like Kalshi operate on a simple principle: any citizen can bet on the outcome of a future event, from political decisions to sports results. However, this promise of openness runs into a red line, that of insider information. The platform has just demonstrated this by spotting Gabriel Perez's suspicious transactions through its internal monitoring algorithms.
Specifically, Kalshi's dedicated team identified unusually precise bets on the content of Donald Trump's speeches, placed just before their public delivery. This is not the first time the platform has had to intervene in the face of dubious behavior. It had already strengthened its protocols in recent months to track users betting on non-public information.
The platform explicitly prohibits its users from profiting from information obtained in the course of their employment. Gabriel Perez, as the technician responsible for displaying the speeches on the presidential teleprompter, had access to precisely this type of confidential data. According to an ABC News report relayed by the Associated Press, the illicit gains could exceed $100,000.
A White House official confirmed on Tuesday that Gabriel Perez is no longer employed by the federal government. However, the Trump administration declined to specify whether he resigned or was fired.
The White House had placed him on unpaid leave earlier in the month, as soon as the first suspicions emerged. This administrative sidelining thus preceded the definitive termination that occurred this week, according to information from the Associated Press.
The case also raises delicate questions for an administration that has multiplied initiatives in favor of cryptocurrencies and predictive markets. President Trump himself has repeatedly called for federal regulation of these platforms, advocating for national oversight rather than a patchwork of state rules.
The Perez case illustrates a growing paradox for platforms like Kalshi and Polymarket. Their attractiveness relies on democratized access to event betting, but this same openness mechanically exposes them to the risks of manipulation by insiders.
The CFTC, to which Kalshi has referred the case, now finds itself on the front lines. The federal agency already oversees futures and swaps markets. Its scope now effectively extends to predictive markets, which could hasten the adoption of a specific regulatory framework.
The increasing number of cases involving public agents and betting platforms further strengthens calls for clear federal legislation. The U.S. Congress, which has already debated several proposals on the subject, could find in the Perez scandal an unexpected political accelerator.
In summary, the dismissal of Gabriel Perez serves as a reminder that predictive markets do not operate in a gray area. Kalshi's proactive detection and subsequent referral to the CFTC draw a clear line: insiders have no place on these platforms. The Trump administration, which has already defended federal competence over these new markets, now faces its own principles.
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Revolut ends support for USDT across the EEA and Switzerland on 31 August 2026: any balance still in the app is automatically converted into the account's main currency at what Revolut calls the current market rate, with the customer controlling neither the rate nor the timing. Buying already stopped on 6 July and deposits after 30 July, leaving an in-app sale or a withdrawal to a wallet you control as the choices before the deadline.

The deadline for the Base, Early Lump-Sum and Intermediate Repayments in the Mt. Gox civil rehabilitation is 31 October 2026 (JST), set by the Rehabilitation Trustee's notice of 27 October 2025 with the permission of the court. The trustee's own notices record five changes to that deadline, not three, and state no consequence for the 2026 date passing.















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Revolut ends support for USDT across the EEA and Switzerland on 31 August 2026: any balance still in the app is automatically converted into the account's main currency at what Revolut calls the current market rate, with the customer controlling neither the rate nor the timing. Buying already stopped on 6 July and deposits after 30 July, leaving an in-app sale or a withdrawal to a wallet you control as the choices before the deadline.
The deadline for the Base, Early Lump-Sum and Intermediate Repayments in the Mt. Gox civil rehabilitation is 31 October 2026 (JST), set by the Rehabilitation Trustee's notice of 27 October 2025 with the permission of the court. The trustee's own notices record five changes to that deadline, not three, and state no consequence for the 2026 date passing.