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White House Staffer Accused of Speech Betting | Irvine News
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A White House staffer allegedly used insider access to bet big on what the President would say during major speeches, racking up over $100K on a betting platform called Kalshi. The White House called it a “disgrace” and placed the staffer on unpaid leave. ABC News uncovered the scandal, prompting Kalshi to tighten rules and require users to disclose their jobs — a move that comes too late for this high-profile case. It’s a chilling reminder that even in the digital age, insider trading still carries serious consequences.
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