Business & Economy · 48 views
Trump teleprompter operator allegedly made Kalshi bets on president's statements; CFTC investigating
Kalshi retained most of the profits, which were more than $90,000, from the trades made on public statements by President Trump.
AI Summary
President Donald Trump’s longtime teleprompter operator is under investigation by federal regulators for allegedly placing bets on the prediction‑market platform Kalshi. The operator reportedly earned more than $90,000 in profits from trades tied to Trump’s statements. Kalshi froze most of the money after flagging the bets on its “Mentions” market, which tracks contracts on words or phrases Trump is expected to say during scheduled speeches. The investigation focuses on whether the operator’s trades violated market‑fairness rules.
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