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Security16:54 · 1h ago

Trump Teleprompter Operator Profits Millions from Speculative Bets Using Insider Speech Knowledge

SrugimReligious-right
Translated & summarized from Srugim by baba
The story · English

A new scandal has erupted around the White House involving Gabriel Perez, the technical assistant responsible for operating President Donald Trump's teleprompter during speeches. Perez, who has been part of Trump's technical team since 2016, allegedly exploited his early access to the president's planned remarks to place speculative bets on the popular betting site Polymarket.

According to suspicions, Perez used his extensive prior knowledge of Trump's speeches to make bets identified by the platform as low-probability but offering highly favorable payout ratios. This insider information allowed him to win substantial sums, reportedly at least $100,000, by betting on outcomes before the speeches were delivered or broadcast.

Perez's role gave him unrestricted access to the president's words well in advance, enabling these lucrative wagers. Investigations into the matter are ongoing, but it remains uncertain whether Perez will face criminal charges. Law enforcement agencies are reportedly struggling to regulate speculative betting platforms like Polymarket. Perez is currently negotiating with authorities to resolve the case through plea agreements and fines rather than formal prosecution.

Read the original at Srugim
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