ALERT: Trump’s teleprompter agent suspected of betting on his speeches, suspended
Global Update:
The following report highlights an important international development currently attracting worldwide attention.
A White House technician responsible for operating President Donald Trump’s teleprompter has been suspended after allegedly earning more than $100,000 by placing bets on the content of presidential speeches that he had access to in advance, according to ABC News.
The employee, who also served during Trump’s first term in office, reportedly used the prediction market platform Kalshi to wager on specific words and phrases that would appear in the president’s speeches.
The White House announced on Thursday that the technician had been suspended without pay while the matter is investigated. White House Press Secretary Karoline Leavitt said President Trump considered the incident “truly regrettable and, honestly, a shame.”
The suspicious betting activity was quickly detected by Kalshi’s internal monitoring systems. The platform allows users to place bets on a wide range of real-world events, including whether particular words or phrases will be spoken during major public speeches.
“Our monitoring team quickly flagged these transactions and referred them to the Commodity Futures Trading Commission (CFTC),” Kalshi executive Robert DeNault said. “We cooperated fully with regulators and provided all of the evidence we collected, as we do in every case involving suspected market abuse.”
Prediction markets, regulated in the United States by the Commodity Futures Trading Commission, have grown rapidly in recent years. The sector is dominated by platforms such as Kalshi and Polymarket, which collectively handle tens of billions of dollars in annual trading volume.
The case adds to growing concerns about the potential misuse of non-public information in prediction markets. Earlier this year, several trading accounts reportedly earned approximately $1.2 million by correctly betting on the timing of U.S. military strikes against Iran just hours before the first attacks were launched, prompting renewed scrutiny of possible insider trading in the rapidly expanding industry.
Global Impact:
Analysts believe this development may influence future diplomatic, political, or economic discussions internationally.
Additional reactions from governments and international institutions are expected as the situation evolves.
Our editorial team will continue tracking this story as new reports become available.
Source: This article was originally published by 20Minutes – Actu Monde and adapted for our international English-speaking audience.
Read the original article here.