CFTC Orders Former White House Employee to Pay $172,000 for Prediction Market Insider Trading

A U.S. regulator is ordering a former federal employee to pay $172,000 after misappropriating confidential access to presidential speeches to profit from bets on prediction market event contracts.

The Commodity Futures Trading Commission says the individual breached his duties of trust and confidence while working as a White House teleprompter operator.

He traded presidential mention market contracts reflecting words or phrases the president might use during speeches.

The CFTC details the misconduct in its enforcement order.

“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.”

The order finds that between December 2025 and February 2026 Perez had access to presidential speeches prior to delivery and used that information to generate over $107,500 in unlawful profits.

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