Gabriel Gabe Pérez, the man who managed the teleprompter President Donald Trump for more than a decade was suspended from his job after being accused of making more than $100,000 by betting on the content of the president’s speeches.
ABC News television reported yesterday that Pérez, who has operated the teleprompter of Trump since 2016, used his inside knowledge to bet on what the president would say in major speeches, including the State of the Union earlier this year.
Sources consulted by ABC News indicated that the Kalshi betting platform alerted the Commodity Futures Trading Commission (CFTC) – an independent body that regulates futures, swaps and betting – about suspicious activity in its “mentions” market, where users can bet on specific words, phrases or topics used during speeches.
According to the ABC News report, Pérez managed the teleprompter of Trump during the State of the Union address and placed bets on more than a dozen speeches in a three-month span.
The CFTC is investigating Pérez after Kalshi’s complaint and, according to reports from Cerna sources, has recognized some of the transactions, the British media indicated. The Independent.
He added that Trump’s press secretary confirmed Perez’s deregistration and his compliance with the CFTC, stating that Trump considered the situation “deeply regrettable and, frankly, an embarrassment.”
The tycoon has also benefited from his position
This incident highlights widespread concern among regulators and lawmakers regarding insider trading in prediction markets, which has led to discussions about new legislation and internal warnings in the White House (https://t.ly/xTfxn).
In recent times, reports have emerged that members of the administration, including Trump himself, are benefiting financially from the presidency, the US news agency Ap noted.
In his most recent financial disclosures – recalled Ap – Trump reported making $1.2 billion from his cryptocurrency businesses in 2025, racking up profits while his investors suffered losses in markets that Trump has sought to protect from federal regulations.
He also earned more than $500 million from his company World Liberty Financial for selling new cryptocurrency products, including “tokens governance,” according to the required annual disclosure report to the Office of Government Ethics.
It also showed that another cryptocurrency business, CIC Digital LLC, received more than $600 million from sales of souvenir “meme” coins stamped with his face.
The president has also benefited from contracts for merchandise and political events at his properties, which has significantly increased his net worth since his return to power.
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