I am beginning to think that prediction markets can be used for corrupt purposes

This is yet another thing then next Democratic administration is going to figure out what to do with:

President Donald Trump’s longtime teleprompter operator is believed to have made tens of thousands of dollars by placing bets on more than a dozen of Trump’s speeches on the prediction market Kalshi, federal investigators with the Commodity Futures Trading Commission found, sources familiar with the matter told ABC News.

Gabriel Perez, a technical assistant to the president who has been operating Trump’s teleprompter since 2016, is in talks with federal regulators to settle allegations he used his inside knowledge of the president’s speeches to win more than $100,000, the sources said.

According to the sources, Kalshi alerted its regulator, the Commodity Futures Trading Commission (CFTC), to the suspicious activity on its “Mentions” market, where users can bet on whether specific words, phrases or topics are uttered during a public speech. 

“Our surveillance team promptly flagged and referred these trades to the CFTC, and we are cooperating and assisting regulators,” Kalshi’s lead lawyer, Bobby DeNault, said in a statement provided to ABC News.

White House Press Secretary Karoline Leavitt told reporters Thursday afternoon, following ABC News’ report, that Perez has been put on unpaid administrative leave. Leavitt said she spoke with President Trump about it, and he thought it was a “disgrace” and made the decision himself to put Perez on unpaid leave. 

Trump prefers the grifters who don’t get caught, or have buddies at the Supreme Court who can declare everything that he does is legal.