Trump Teleprompter Operator Probed for Insider Trading
A White House teleprompter operator is under investigation for allegedly making over $100,000 betting on Trump's speeches on the prediction market Kalshi
Federal investigators with the Commodity Futures Trading Commission are probing a White House teleprompter operator for potential insider trading after the operator allegedly made over $100,000 betting on President Trump's speeches on the prediction market platform Kalshi, as reported by ABC News. The operator, who has been suspended by President Trump, is believed to have placed bets on more than a dozen of Trump's speeches, according to cnbc.com. This incident marks the first known instance of officials investigating suspected insider trading on a prediction market from inside the White House, and it comes as companies like Apple are facing their own regulatory challenges, including being in settlement talks with the DOJ. The investigation is ongoing, with Kalshi having frozen the operator's account before the profits, which amounted to over $90,000, could be taken off the platform, as noted by tbsnews.net.
NewsAnarchist has tracked the same fault lines in its reporting on Apple in Settlement Talks with DOJ, Apple in Early Settlement Talks with DOJ, and Apple in Antitrust Settlement Talks.
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