Gabriel Perez, President Donald Trump's longtime teleprompter operator, has been placed on unpaid administrative leave and is under federal investigation by the CFTC for allegedly using insider knowledge to profit from bets on Trump's speeches on the prediction market Kalshi.
Prediction market platform Kalshi announced it will require users to disclose their employers before trading certain contracts involving sensitive information, such as corporate earnings and product launches. The move addresses growing concerns about insider trading on the CFTC-regulated platform.
Prediction market platform Kalshi launched the first CFTC-regulated Bitcoin perpetual futures in the U.S. and applied for altcoin derivatives, while former congressman George Santos faces federal investigation for allegedly betting against his own attendance at a State of the Union address on the platform.
Federal prosecutors arrested Master Sergeant Gannon Ken Van Dyke for allegedly using confidential military intelligence to place over $400,000 in bets on Polymarket regarding Venezuela operations, including the capture of Nicolás Maduro. The soldier allegedly participated in the raid himself and attempted to conceal his betting activity.
Prediction market platform Kalshi penalized three congressional candidates—Mark Moran, Matt Klein, and Ezekiel Enriquez—for wagering on their own campaigns. Minnesota State Senator Matt Klein admitted placing bets out of curiosity, while Moran claimed he wanted to test Kalshi's response to insider trading.
