Ex-White House teleprompter operator ordered to pay $172,000 for insider bets on Kalshi
Perez must repay $107,539 in profits and pay a $65,000 penalty after the CFTC said he used nonpublic speech details to trade on Kalshi.
- On Friday, the Commodity Futures Trading Commission ordered former White House teleprompter operator Gabriel Perez to pay $172,539 for using advance access to President Donald Trump's speeches to execute illegal trades on a prediction-market platform.
- Between December 2025 and February 2026, Perez traded presidential "mention market" contracts on Kalshi, betting on specific words and phrases that would appear in Trump's speeches while working at the White House.
- The settlement requires Perez to pay a $65,000 civil monetary penalty and surrender $107,500 in profits, with the CFTC noting the penalty reflected a discount for his "exemplary cooperation" with investigators.
- Perez is no longer employed by the federal government after being placed on unpaid leave; White House press secretary Karoline Leavitt called the conduct "unfortunate" and "a disgrace."
- Beyond the monetary fines, Perez received a three-year trading ban and must cease violations of the Commodity Exchange Act and CFTC regulations, with KalshiEX assisting federal regulators in the matter.
130 Articles
130 Articles
Trump speech bets land ex-White House teleprompter operator in trouble, fined ₹1.65 crore: What CFTC found
A White House teleprompter operator, Gabriel Perez, will pay over $172,000 or nearly ₹1.65 crore to settle a federal investigation into prediction-market bets linked to Trump’s speeches. He faces a $65,000 penalty and forfeit of $107,000 in profits.
Reports of corruption in the White House are not uncommon during Donald Trump's presidency. However, due to new predictive platforms in the US, this is taking entirely new forms. An ex-trump employee must therefore pay more than 170,000 dollars.
Former White House teleprompter operator must turn over more than $100,000 in profits and pay a $65,000 fine in insider trading settlement
The settlement with the Commodity Futures Trading Commission, announced Friday, also dealt Gabriel Perez a three-year trading ban.
He bet on the words Donald Trump would use in his speeches, but already knew them all in advance: Gabriel Perez, former operator of the hunchback of the White House, was sentenced to return over 172 thousand dollars earned on the Kalshi betting site between December 2025 and February 2026. The Commodity futures trading commission (Cftc) [...] The article Bet on Trump's speeches, but knew them in advance: former White House teleprompter will have…
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