A White House teleprompter operator earned roughly $100,000 by betting on President Trump’s speeches, according to prediction market Kalshi. The platform reported the activity to federal authorities.
Kalshi flagged the trades to the government after detecting unusual betting patterns. The operator reportedly placed wagers on specific phrases or timing in the president’s remarks.
The individual had direct access to speech drafts and rehearsal notes. This access gave them inside information unavailable to the public.
Kalshi allows users to bet on real-world events, including political speeches. The platform has strict rules against using non-public information for trades.
Federal agencies are now reviewing the case. The activity may violate laws prohibiting insider trading based on government secrets.
The White House has not commented on the incident. The operator’s identity remains undisclosed pending further investigation.
This case highlights risks in prediction markets tied to government operations. Regulators are increasingly examining how such platforms handle sensitive data.
