# White House Related Articles

HTX News Center provides the latest articles and in-depth analysis on "White House", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

The US Officially Recognizes the Laboratory Origin of the Coronavirus

The White House has officially published a page titled "Lab Leak: The True Origin of COVID-19," stating that a laboratory leak in Wuhan is the most likely cause of the pandemic. This conclusion is based on a report by the Select Subcommittee on the Coronavirus Pandemic of the U.S. House Committee on Oversight and Accountability. The page and the subcommittee's report, published on December 4, 2024, cite several arguments for the lab-leak theory: the virus possesses a biological feature not found in nature; all cases trace back to a single introduction into humans, unlike previous zoonotic pandemics; a leading coronavirus research lab in Wuhan was conducting gain-of-function research with insufficient biosafety; and WIV staff fell ill with COVID-like symptoms in autumn 2019, months before the official outbreak. The report also implicates the EcoHealth Alliance, led by Peter Daszak, for funneling U.S. taxpayer funds to support risky research in Wuhan and violating NIH grant terms. Following the investigation, the U.S. Department of Health and Human Services has suspended and debarred EcoHealth Alliance and Daszak from federal funding for five years. The U.S. Department of Justice has also convened a grand jury to investigate the origins of COVID-19. The origin of COVID-19 remains debated within the scientific community, with many researchers and the WHO still considering natural zoonotic transmission a plausible hypothesis. The White House materials represent the findings of a Congressional investigation led by the Republican majority. The focus on the virus's origin occurs against the backdrop of a pandemic that caused an estimated 15 million deaths (2020-2021) and over $4 trillion in global economic damage, highlighting the geopolitical weight of the issue and the future need for stringent transnational biosafety protocols.

cryptonews.ru07/30 07:35

The US Officially Recognizes the Laboratory Origin of the Coronavirus

cryptonews.ru07/30 07:35

Insider's Teleprompter: How a White House Staffer Made $100,000 on Trump's Words

Gabriel Perez, a White House employee who operated the teleprompter for U.S. President Donald Trump during public speeches, has left federal government service. This follows allegations that he used non-public information about the content and timing of Trump's speeches to place bets on the prediction market platform Kalshi, earning over $100,000. Suspicious activity, showing a deviation from typical user behavior, was detected by Kalshi's own monitoring service and reported to the U.S. Commodity Futures Trading Commission (CFTC). Kalshi's rules explicitly prohibit trading based on information gained from one's job or position. While the White House confirmed Perez's departure, it did not specify if he resigned or was fired, nor did it comment on potential investigations. This case marks a high-profile instance of alleged insider trading on a prediction market, raising questions about the industry's ability to prevent such incidents and the efficacy of oversight methods that rely on detecting statistical anomalies in user behavior.

cryptonews.ru07/29 09:36

Insider's Teleprompter: How a White House Staffer Made $100,000 on Trump's Words

cryptonews.ru07/29 09:36

The White House's "Exclusive" Teleprompter Operator Makes Over $100,000 by Profiting from Insider Information Predictions

"White House Speech Prompt Operator Earns Over $100,000 Using Insider Information on Prediction Markets" U.S. White House staffer Gabriel Perez, a long-time teleprompter operator for former President Donald Trump, has been suspended without pay for using non-public information to profit on prediction markets. As one of the few individuals with advance access to Trump's prepared speech texts, Perez placed bets on specific words or phrases Trump would mention in speeches over a three-month period, earning over $100,000. His activities were flagged by the prediction platform Kalshi, which froze over $90,000 in his account and reported him to the Commodity Futures Trading Commission (CFTC). While Perez avoided criminal charges, he is required to return his profits and cease such trading. This case marks the third major instance of insider trading on prediction markets involving government or corporate insiders, following earlier cases involving a special forces soldier and a Google engineer. The incident highlights the vulnerability of "mention" markets on prediction platforms, where individuals with advance knowledge or even the speakers themselves can easily manipulate outcomes. In response, platforms like Kalshi are tightening rules, now requiring users to disclose their employers to help prevent similar abuses.

marsbit07/22 06:50

The White House's "Exclusive" Teleprompter Operator Makes Over $100,000 by Profiting from Insider Information Predictions

marsbit07/22 06:50

White House 'Exclusive' Teleprompter Operator Cashes in Over $100,000 Using Insider Information for Predictions

The White House is embroiled in another insider trading scandal, this time involving a teleprompter operator for former President Trump. Gabriel Perez, a longtime aide who controlled Trump's speech teleprompters, used his advance knowledge of speech content to profit over $100,000 on prediction markets like Kalshi by betting on which specific words Trump would mention. After Kalshi's monitoring systems flagged suspicious trading activity and froze his funds, the case was referred to the CFTC. Perez was suspended without pay by Trump, who called his actions "disgusting." Unlike previous insiders prosecuted in similar cases, Perez faced no criminal charges, only a CFTC settlement requiring him to return profits and cease such trading. The article highlights how "mention" markets are uniquely vulnerable to manipulation by insiders or even the speakers themselves, citing examples like a Grammy host jokingly saying a random word and a Coinbase CEO reading all prediction market options aloud. As prediction markets like Kalshi tighten compliance—such as requiring users to disclose employers—the piece argues this crackdown on insider trading, while promoting regulatory compliance, may move these markets further from "collective wisdom" and closer to being pure gambling venues.

Odaily星球日报07/22 06:46

White House 'Exclusive' Teleprompter Operator Cashes in Over $100,000 Using Insider Information for Predictions

Odaily星球日报07/22 06:46

CLARITY Act ‘clears key hurdle’ – White House agrees to crypto ethics deal

The CLARITY Act, a key crypto market structure bill, has cleared a major hurdle after the White House agreed with Republican senators on an ethics provision. This agreement follows concerns raised by Democrats regarding potential conflicts of interest in the industry. However, full details of the deal are not yet public, and Democrats have not yet formally reviewed it. For the bill to pass the Senate, it will require support from several Democratic senators to reach the necessary 60-vote threshold. Despite this progress, market expectations, as indicated by prediction sites, suggest the bill is more likely to pass in early 2027 rather than before the end of 2026. The urgency for U.S. legislation is underscored by other jurisdictions like the EU and the UK finalizing their own crypto frameworks, with White House advisor Patrick Witt urging Congress to act.

ambcrypto07/21 09:01

CLARITY Act ‘clears key hurdle’ – White House agrees to crypto ethics deal

ambcrypto07/21 09:01

Patrick Witt Delays Military Training to Lead White House Push for CLARITY Act

Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, has delayed his military training with the Georgia Army National Guard to lead White House negotiations on the CLARITY Act. With the Senate entering recess on August 8, this period is seen as crucial for advancing the bill, which aims to establish clear regulatory rules for the digital asset market in the United States. This marks the second time Witt has postponed his military service for this purpose. His role as the administration's lead negotiator has gained increased importance following the impending departure of Deputy Director Harry Jung, ensuring leadership continuity during critical legislative efforts. The White House is prioritizing the passage of this significant cryptocurrency regulation before the Senate break.

TheNewsCrypto07/21 07:12

Patrick Witt Delays Military Training to Lead White House Push for CLARITY Act

TheNewsCrypto07/21 07:12

Trump’s Teleprompter Operator Investigated for Insider Trading, "Whistleblower" Turns Out to Be Prediction Platform Kalshi

According to reports from CNBC and ABC, a longtime teleprompter operator for President Trump, Gabriel Perez, is under federal investigation for allegedly using insider information to place bets on the prediction market platform Kalshi. Perez, who had handled Trump's speeches since 2016, is suspected of trading on over a dozen upcoming presidential addresses, including the State of the Union, based on his advance knowledge of speech content. Kalshi's monitoring systems flagged the atypical trading patterns in March, leading to his account being frozen and the case being referred to the Commodity Futures Trading Commission (CFTC). Perez reportedly profited over $90,000, though most funds are held by the platform. He is now in settlement talks with the CFTC and has been placed on unpaid leave by the White House. This incident is part of a broader pattern of insider trading on prediction markets. Similar cases involve a congressional candidate betting against his own attendance, military personnel using classified information, and a Google engineer trading on internal data. The growing liquidity of these markets, with some contracts seeing over $150,000 in volume, creates incentives for abuse. In response, platforms like Kalshi are enhancing monitoring, requiring occupational disclosures, and cooperating with regulators. The CFTC and the Justice Department are pursuing civil and criminal actions, while the White House has issued memos explicitly barring staff from such trading.

Foresight News07/17 10:01

Trump’s Teleprompter Operator Investigated for Insider Trading, "Whistleblower" Turns Out to Be Prediction Platform Kalshi

Foresight News07/17 10:01

Patrick Witt Steps Away as White House Crypto Talks Enter Final CLARITY Act Phase

Patrick Witt, the executive director of the White House Crypto Council, is stepping down to begin military training with the Georgia Army National Guard. His departure occurs during a critical final three-week period for the U.S. Senate to pass the CLARITY Act before its August recess. Witt was the primary negotiator, bridging gaps between senators, regulators, banks, and the crypto industry on key issues including stablecoin policy and market structure. With his military training unable to be postponed further, Deputy Executive Director Harry Jung will now oversee the ongoing negotiations. Witt also managed other key crypto initiatives like the Strategic Bitcoin Reserve and the GENIUS Act, duties that Jung will assume. While Witt may stay connected remotely, his immediate return is uncertain as the Senate moves toward a crucial late-July vote on the landmark crypto legislation.

TheNewsCrypto07/14 07:34

Patrick Witt Steps Away as White House Crypto Talks Enter Final CLARITY Act Phase

TheNewsCrypto07/14 07:34

Senator Elizabeth Warren slams CLARITY Act as a ‘ticket to sanctions evasion’

Democratic Senator Elizabeth Warren strongly opposes the CLARITY Act, a broad crypto market bill, calling it a "ticket to sanctions evasion." She echoes concerns from former U.S. National Security Council official Richard Nephew, who warns the bill's exemptions for decentralized finance (DeFi) and weaker anti-money laundering rules could enable terrorists, sanctions evaders, and other illicit actors. The banking lobby also opposes the bill, citing illicit finance risks. White House Crypto Advisor Patrick Witt dismissed Warren's concerns, referencing a political setback in Maine. The bill faces a challenging path in the Senate, needing 60 votes to pass. While some Democrats support provisions protecting software developers, others vow to withhold support unless ethics concerns are addressed. With a shrinking legislative calendar, the bill's odds of passage have dropped to 45%. The crypto industry fears failure to pass it before the August recess could delay major regulatory clarity until the 2030s.

ambcrypto07/10 06:03

Senator Elizabeth Warren slams CLARITY Act as a ‘ticket to sanctions evasion’

ambcrypto07/10 06:03

Fable 5 is about to make a comeback, code exposed? Anthropic CEO kicked out of the White House

Fable 5, a previously restricted AI model from Anthropic, appears poised for a comeback. Evidence from leaked code in the Claude Code v2.1.190 version suggests a shift in its business model from a separate purchase to a potentially limited weekly usage allowance within standard Claude subscriptions. Furthermore, the model has reportedly reappeared in Amazon Bedrock documentation. This potential revival coincides with significant internal changes at Anthropic. According to a report by The Wired, CEO Dario Amodei was reportedly sidelined from negotiations with the Trump administration over Fable 5's export restrictions. Government officials found him difficult to communicate with. Co-founder Tom Brown and policy head Sarah Heck took over discussions, leading to more productive technical talks aimed at addressing White House security concerns about the model being "jailbroken." External pressure is mounting as a bipartisan group of US lawmakers has demanded answers from the Commerce Department by a June 26 deadline regarding the criteria and timeline for potentially reinstating public access to Fable 5. The potential return of Fable 5 comes as competitors OpenAI and Google have reportedly delayed their own major model releases. If Anthropic successfully navigates the government's security review, Fable 5 could gain a significant "safety-certified" advantage in the enterprise market. The countdown to the June 26 deadline is now underway.

marsbit06/25 07:29

Fable 5 is about to make a comeback, code exposed? Anthropic CEO kicked out of the White House