Trump's teleprompter operator suspended over betting scandal
Translated from German, summarized and contextualized by DistantNews.
At a glance
- A US government employee responsible for Donald Trump's teleprompter was suspended for allegedly earning over $100,000 through insider betting on speech content.
- The employee reportedly placed bets on specific words, phrases, and topics in Trump's speeches via a prediction platform.
- The White House called the incident "deeply regrettable and, frankly, a disgrace," and confirmed the employee would no longer work there.
A US government employee tasked with operating Donald Trump's teleprompter has been suspended amid allegations of earning over $100,000 by betting on the content of the former president's speeches. The White House confirmed the suspension, with spokesperson Karoline Leavitt stating that Trump found the situation "deeply regrettable and, frankly, a disgrace."
According to ABC News, the employee, who had been handling Trump's teleprompter since 2016, allegedly placed bets on specific words, phrases, and topics through the prediction platform Kalshi. These bets reportedly included predictions on Trump's address at the World Economic Forum in Davos and his State of the Union address.
Kalshi informed the US Commodity Futures Trading Commission (CFTC) about suspicious activities related to Trump's speeches that caught experts' attention. Over $90,000 of the alleged winnings were frozen in the employee's account before they could be withdrawn. Leavitt emphasized that the US government has strict ethics policies prohibiting such dealings.
This case follows a similar incident in April, where the US Justice Department accused a soldier of earning over $400,000 on the Polymarket platform using non-public information about plans to arrest Venezuelan leader Nicolรกs Maduro.
extremely regrettable and, frankly, a disgrace
Originally published by Die Zeit in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.