Archive · 19 Jul 2026
White House Investigates Insider Trading in US-Iran War Bets
The White House is worried that some people might be using secret information to bet on the outcome of the US-Iran war.
They found that three anonymous accounts made a lot of money by betting correctly on a ceasefire.
A man named Gabriel Perez, who works for the president, is being investigated for possibly using insider information to make bets.
The White House has strict rules against this and is looking into how to prevent it in the future.
Some people think prediction markets should be more regulated to stop this from happening again.
White House officials are concerned about insider trading related to bets on the US-Iran war.
Three anonymous accounts made over $600,000 by correctly betting on a ceasefire.
Gabriel Perez, a teleprompter operator for President Trump, is under investigation for potential insider trading.
The White House has banned the use of non-public information for financial gain.
Some lawmakers are pushing for stricter regulations on prediction markets to prevent insider trading.
- Who
- White House officials, bettors, Gabriel Perez
- What
- Investigation into potential insider trading related to US-Iran war bets
- When
- July 19, 2026
- Where
- Washington D.C., United States
- Why
- Concerns over insider information influencing bets on prediction markets
Stricter Regulation Advocates
Market Freedom Supporters
Regulation of Prediction Markets
Stricter Regulation Advocates
Advocates for stricter regulations on prediction markets to prevent insider trading and ensure ethical behavior.
Market Freedom Supporters
Supporters argue that excessive regulation could stifle innovation and the free flow of information in prediction markets.
- Date
- July 19, 2026
- Location
- Washington D.C., United States
- Betting Platforms
- Polymarket, Kalshi
- Amount Wagered
- Over $600,000
- Investigated Individual
- Gabriel Perez
- Total Election Bets
- $325 million