A longtime White House technical assistant who has operated President Trump’s teleprompter since his historic 2016 campaign has been suspended after allegedly running a lucrative insider betting scheme.
Federal regulators are reportedly in settlement talks with Gabriel “Gabe” Perez over shocking allegations that he pocketed more than $100,000 on the prediction market Kalshi.
According to ABC News, Perez used his high-level security clearance and direct access to the presidential speech drafts to wager on Kalshi’s highly popular “Mentions” market.
These prediction markets allow users to bet on whether specific words or phrases like “rigged election,” “fake news,” or geopolitical terms will be spoken aloud by the President during a public address.
Because Perez loaded the speeches onto the teleprompter himself, he allegedly knew exactly what President Trump was going to say before the rest of the world.
According to ABC News, citing sources familiar with the matter, investigators uncovered instances in which Perez allegedly backed out of bets mid-speech after President Trump skipped a section that contained a word Perez had wagered would be mentioned.
Hellbound and Down 