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.
112 Articles
112 Articles
Trump’s Teleprompter Guy Ordered To Pay $172,000
Via press release: The Commodity Futures Trading Commission today announced an order filing and settling charges against Gabriel Perez for misappropriating material, nonpublic information obtained through his federal government employment in order to trade event contracts (i.e., swaps) on a prediction market platform for his personal benefit. Under the order, Perez must disgorge the profits … The post Trump’s Teleprompter Guy Ordered To Pay $172…
A former White House teleprompter operator must pay more than $172,000 for using confidential information to bet on the content of US President Donald Trump's speeches, the BBC reported on Saturday.
According to the order of the CFTC, between December 2025 and February 2026, while working for the White House, Gabriel Pérez negotiated contracts known as “presidential mention markets”, which reflect whether certain words or phrases will be used by the president during his speeches.
I knew what the US president would say: the operator of the White House teleprompter was fined $172,000 for betting on Trump's speeches
I knew what the US president would say: the operator of the White House teleprompter was fined $172,000 for betting on Trump's speechesThe U.S. Commodity Futures Trading Commission (CFTC) on Friday ordered former White House teleprompter...
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