JD Vance Denies Iran's $9 Billion Insider Trading Accusations
Vice President JD Vance dismissed Iranian claims that White House advisers manipulated financial markets for profit during diplomatic negotiations in Switzerland.
Vice President JD Vance has dismissed reports that Iranian negotiators sent him a private message alleging that White House advisers Jared Kushner and Steve Witkoff exploited insider information for financial gain. According to a report citing a senior Iranian official via the Drop Site news site, Iran calculated that the two individuals profited approximately $9 billion from market manipulation and subsequently requested a $4.5 billion share of those proceeds.
Iran claimed the message was delivered during diplomatic talks in Lucerne, Switzerland, in late June. Tehran further alleged that Kushner leaked negotiation details to Israeli Prime Minister Benjamin Netanyahu. Iranian officials stated they had previously sent warnings regarding Witkoff through Pakistani intermediaries during talks in Islamabad in April.
JD Vance called the allegations completely bogus and denied receiving any such communication. The White House echoed these denials, characterizing the claims as false propaganda. In a separate development, Press Secretary Karoline Leavitt confirmed that President Donald Trump's teleprompter operator is on unpaid administrative leave following a federal investigation into alleged insider trading on a prediction market platform.