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Prediction market platform Kalshi has accused Donald Trump's teleprompter operator, Gabriel Perez, of insider trading, alleging he used advance knowledge of Trump's speeches to win over $100,000. Kalshi flagged the activity and referred it to the CFTC. While federal prosecutors declined a criminal case, a settlement is being discussed.
The Commodity Futures Trading Commission is deploying advanced AI tools and surveillance systems to aggressively pursue insider trading on prediction markets like Polymarket, even those operating offshore. This marks a significant escalation in regulatory enforcement, with CFTC Chairman Michael Selig vowing to identify and prosecute US citizens exploiting confidential information. The agency is responding to rising congressional pressure and has already made an arrest.
