Ex-White House teleprompter operator ordered to pay $172,000 for insider bets on Kalshi
August 28, 2026 / 11:37 PM EDT / CBS/AP
TL;DR
- Gabriel Perez, a former White House teleprompter operator, settled with the CFTC for using inside information to bet on prediction markets.
- Perez must pay over $100,000 in profits and a $65,000 fine, and is banned from trading for three years.
- He gained access to presidential speeches and used this nonpublic information to make bets on Kalshi.
- Kalshi detected suspicious trading patterns and referred the case to the CFTC.
- Perez's cooperation led to a reduction in his civil penalty.