Former White House teleprompter operator fined $172,500 for illegal trading using Trump speeches

KuCoinFlash

Release Time: 2026/08/29 01:42:39

Summary

Former White House prompter operator Gabriel Perez has been fined $172,500 by the CFTC for illegal trading on prediction markets using non-public information about Trump speeches. The settlement requires him to return $107,500 in profits and pay a $65,000 penalty. Perez also faces a three-year trading ban. He traded Trump-related contracts on Kalshi while employed from December 2025 to February 2026. The case involves CFTC regulations and highlights the need for improved liquidity and oversight of crypto markets.

Odaily Planet Daily reports: On Friday, the U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to pay $172,500 for engaging in illegal trading on a prediction market platform using advance access to Trump’s speech content. Under a settlement agreement with the CFTC, Perez must return $107,500 in illicit profits and pay a $65,000 civil penalty. He also agreed to a three-year trading ban and committed to cease and desist from violating the Commodity Exchange Act and related CFTC regulations. The CFTC noted that while employed at the White House from December 2025 to February 2026, Perez traded Trump “mention” contracts on the Kalshi platform.

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