Former White House Teleprompter Operator Fined $172,000 for Kalshi Insider Trading
TLDR
- Gabriel Perez, a former White House teleprompter operator, was fined $172,000 by the CFTC for insider trading on prediction platform Kalshi
- Perez read Trump’s speeches about an hour before delivery and bet on “presidential mention markets”
- He made over $107,500 in profits between December 2025 and February 2026
- Kalshi’s own surveillance unit flagged the suspicious trading activity
- The case is the CFTC’s second event contract insider trading settlement in four weeks
Prediction markets are under growing scrutiny after a former White House employee was caught using his access to President Trump’s speeches to profit from bets on what words the president would say.
Nearly $173,000 and a three-year trading ban.
That's the price a White House teleprompter operator is facing after federal regulators say he exploited advance access to President Trump's speeches to profit from bets on what Trump would say.
The CFTC says Gabriel Perez made more… pic.twitter.com/O6ddcptQOE
- Fox News (@FoxNews) August 29, 2026
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