Policy · 1h ago
Kalshi Probes Insider Trading by Trump Teleprompter Operator
Federal investigators suspect Gabriel Perez, Trump's teleprompter operator, used inside knowledge of speeches to bet on Kalshi. The prediction market platform says it caught the activity and is cooperating with the probe. The case highlights risks of insider trading in event-based markets.
Meridian48 take
The incident underscores how prediction markets, despite their novelty, face the same old insider trading problems as traditional finance.
Read the full reporting
Kalshi says it caught Trump’s teleprompter operator insider trading →
The Verge
prediction-marketsinsider-trading