Trump teleprompter aide made $100,000 betting on what Trump would say, reports say
Reports indicate that a Trump teleprompter aide profited $100,000 by betting on prediction markets regarding the former president's speech content. This incident highlights growing concerns over insider trading and the lack of regulation in high-tech prediction markets like Kalshi.
Why it matters
It raises ethical and legal questions about the use of non-public government information to manipulate or profit from emerging prediction markets.
Market mania Trump teleprompter aide made $100,000 betting on what Trump would say, reports say If only someone could have predicted it.
41 Credit: Getty Images Credit: Getty Images Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Kalshi is a high-tech prediction market that allows people to “forecast the future” (their term). It is about contracts and information, the company says, making its offerings more like a soybean futures contract than a round of blackjack or a pull on the one-armed bandit .
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