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White House teleprompter operator fined, forfeits winnings for betting on Trump’s words

Americas 1 source 1 country 🔦 Under-reported 37m ago

A former White House teleprompter operator has agreed to a settlement with federal authorities after being accused of using inside knowledge to place bets on the prediction market Kalshi regarding Donald Trump's rhetoric.

Under the terms of the settlement, the individual must forfeit more than $100,000 in profits and pay an additional $65,000 fine. The case highlights regulatory scrutiny over insider betting related to political events and government-adjacent information.

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Read the full story at the source South China Morning Post · HK
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