Ex-White House Teleprompter Operator Fined for Insider Trading on Prediction Markets
Gabriel Perez, a former teleprompter operator for Trump, has been fined $172,000 for insider trading on prediction markets, profiting over $107,500 using confidential speech information. This case marks the CFTC's second enforcement action against a federal employee for similar violations in recent weeks.
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Ex-White House Teleprompter Operator Fined for Prediction Market Insider Trading
Gabriel Perez used his access to Trump's speeches before delivery to bet on "presidential mention market" contracts, profiting more than $107,500 before the CFTC caught up with him.
White House aide turned secret speech text into $107k on prediction markets before CFTC stepped in
A settled CFTC order adds a $65,000 penalty and three-year ban while crediting KalshiEX’s assistance. The post White House aide turned secret speech text into $107k on prediction markets before CFTC stepped in appeared first on CryptoSlate .
Trump Teleprompter Operator Fined $172K After Dominating Kalshi Bets
According to the U.S. Commodity Futures Trading Commission (CFTC), former White House teleprompter operator Gabriel Perez has been ordered to pay a fine of $172,539.02 after he got caught using Kalshi to bet on Trump’s “mention market” events. CFTC Details How Perez Used Early Access to Trump’s Speeches Bitcoin.com News reported on the accusations against […]
Former White House teleprompter operator ordered to pay $172,000 for Kalshi trades on mention markets
The fine marks the CFTC's second insider trading case against a federal employee trading event contracts and its second related settlement in four weeks.