Archive · 19 Jul 2026
White House Investigates Suspicious Ceasefire Bets
The White House is worried because some people won a lot of money betting on the US-Iran ceasefire.
They think these people might have used secret information from the government.
The bets were placed on platforms like Polymarket and Kalshi.
One person who worked for the president as a teleprompter operator is being investigated for betting on presidential speeches.
There were also bets on who the president would choose as his running mate.
The government is now looking into these bets to see if any rules were broken.
Betting on political events has become very popular, and the government is trying to make sure it's fair.
Anonymous bettors won ₹5.22 crore ($600,000) betting on the US-Iran ceasefire deal.
White House and federal agencies are investigating potential insider trading using prediction markets.
Trump's teleprompter operator, Gabriel Perez, is under investigation for wagers exceeding ₹87 lakh ($100,000).
Bets were also placed on Trump's choice of JD Vance as his running mate during the 2024 campaign.
Congresswoman Anna Paulina Luna was accused of tipping off an influencer about the running mate pick.
- Who
- White House officials, federal agencies, congressional investigators, and prediction market platforms Polymarket and Kalshi
- What
- Investigation into suspicious betting on US-Iran ceasefire and political events using non-public government information
- When
- 2026, with bets placed in 2024 and 2025
- Where
- United States, involving White House staff and prediction market platforms
- Why
- Concerns over insider trading and use of non-public information for personal financial gain
- Total winnings
- ₹5.22 crore ($600,000)
- Platforms involved
- Polymarket, Kalshi
- Investigation agency
- Commodity Futures Trading Commission (CFTC)
- Suspected insider
- Gabriel Perez (Trump's teleprompter operator)
- Perez's wager
- ₹87 lakh ($100,000)
- 2024 campaign bets
- JD Vance as running mate
- Mark Moran's winnings
- ₹52,200 ($600)
- Congresswoman involved
- Anna Paulina Luna
- Political wagering volume
- ₹34,800 crore ($4 billion)
- Election-related bets
- ₹2,827 crore ($325 million)