Ex-White House teleprompter operator fined $172,000 for Trump speech bets
Gabriel Perez, a former White House teleprompter operator, will pay a $65,000 civil penalty and return $107,539 in profits to settle a Commodity Futures Trading Commission probe. Perez used non-public access to Donald Trump's speech content to place bets on the prediction market Kalshi. He profited from 39 specific mentions in speeches before they occurred. Total payments required from Perez amount to $172,539.
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- ✓ Gabriel Perez will pay a $65,000 civil penalty.
- ✓ Perez must return $107,539 in profits derived from 39 speech mentions.
- ✓ The settlement resolves a probe by the Commodity Futures Trading Commission.
- ✓ Perez placed bets on the prediction market Kalshi using insider information about Donald Trump's speeches.
What changed
Gabriel Perez was identified as the operator and the specific breakdown of the $172,000 payment was revealed as a $65,000 fine and $107,539 in returned profits.
Live updates
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Ex-White House Teleprompter Operator Fined for Insider Trading
Gabriel Perez, a former White House teleprompter operator, will pay a $65,000 civil penalty and return $107,539 in profits to settle a Commodity Futures Trading Commission probe. Perez used non-public access to Donald Trump's speech content to place bets on the prediction market Kalshi. He profited from 39 specific mentions in speeches before they occurred. Total payments required from Perez amount to $172,539.
Why it matters
Prediction markets like Kalshi allow users to bet on the outcome of real-world events. This case highlights the legal risks of insider trading when government staff use privileged information for financial gain.
What is confirmed
- Gabriel Perez will pay a $65,000 civil penalty.
- Perez must return $107,539 in profits derived from 39 speech mentions.
- The settlement resolves a probe by the Commodity Futures Trading Commission.
- Perez placed bets on the prediction market Kalshi using insider information about Donald Trump's speeches.
- The total amount Perez was ordered to pay is $172,000.
What to watch next
- Further CFTC enforcement actions against other government aides using prediction markets
- Legal challenges to Kalshi's internal banning policies regarding influencers
confidence 95%Sources used for this update (19)
- www.theguardian.com — Trump administration - The Guardian
- The Guardian — Ex-White House teleprompter operator fined $172,000 for Trump speech bets
- BBC — Ex-White House teleprompter operator ordered to pay $172,000 for Trump speech bets
- The Telegraph — Trump aide fined after making $100k betting on president’s speeches
- AP News — Former White House teleprompter operator ordered to turn over profits, pay fine over insider trading
- CBS 17 — White House teleprompter operator who placed bets on Trump’s speeches ordered to pay $172K
- Fox Business — Trump teleprompter operator ordered to pay nearly $173K over Kalshi bets on speeches
- ABC News - Breaking News, Latest News and Videos — Ex-White House teleprompter operator to pay $172,000 to settle CFTC probe
- NBC News — White House teleprompter operator ordered to pay $172K for placing prediction market bets on Trump’s speeches
- WSJ — White House Teleprompter Operator Settles Insider-Trading Probe
- ABC News & Headlines – Australian Broadcasting Corporation — Former White House teleprompter operator fined over insider trading
- The New York Times — Teleprompter Operator Who Bet on Trump Speeches Is Ordered to Pay Fine
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