[Senior Teleprompter Operator for Trump Fired for Using Speech Insider Information in Prediction Markets] BlockBeats News, July 29: Gabriel Perez, who has served as Trump's teleprompter operator since the 2016 presidential campaign, is no longer working for the federal government. White House officials confirmed his departure on Tuesday but declined to comment on whether he was fired or resigned voluntarily. Less than two weeks ago, ABC News reported that Perez was in settlement negotiations with the Commodity Futures Trading Commission (CFTC) over allegations that he used insider information from Trump's speeches to predict on Kalshi whether the president would say specific words or phrases during his speeches, earning over $100,000 in profits. White House Press Secretary Levitt previously announced that Perez had been suspended without pay at Trump's direction, calling the allegations "deeply regrettable and, frankly, a disgrace." Earlier this month, it was reported that Perez was under investigation by the CFTC for potential insider trading. A CFTC spokesperson declined to comment on the status of the investigation. This incident has once again raised concerns about the risks of insider trading on prediction market platforms. Last month, bipartisan senators jointly called on the CFTC to investigate Polymarket for false advertising, and the Perez case has further highlighted regulatory loopholes and the issue of insiders exploiting information asymmetry for profit in prediction markets. [Original Link]