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Crypto Regulation

Warren, Merkley Press White House on Clemency for Kalshi-Betting Aide

Sens. Elizabeth Warren and Jeff Merkley have asked the White House to answer seven ethics questions by Nov. 23 regarding Gabriel Perez, an aide who settled federal charges over bets on the wording of President Trump’s speeches placed on Kalshi. The senators are probing whether Perez could receive clemency and how the case was handled.

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AI take

The letter reframes a settled enforcement matter as a test of how the executive branch treats prediction-market conduct inside a political office, and the seven-question format puts the burden on the White House rather than the senators. The timing matters less than the precedent: clemency talk around a Kalshi-related case could shape how compliance teams view event contracts tied to political speech. Whether the White House answers by the deadline, and whether the questions extend beyond this one aide to the platform itself, is the open question.

Generated by AI for reference only.

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